This is a larger version of the weekly chart we’ve used on occasion in the NFTRH+ Charts & Notes segment to gauge the progress of the general Healthcare sector. It was a pretty simple target based on a pattern breakout measurement. As I always say, targets are not stop signs. But Quant Edges notes that January Op/Ex week tends to be negative, so maybe XLV … Continue reading Healthcare SPDR About to Ding Long-Held Target
Do you sell a chart like this even if it’s one of your long-time favorite companies, both in the real economy as a supplier and in the abstracted economy as a stock investment? Well, I don’t know if you do but I guess I do. As noted in the NFTRH Trade Log, I just sold it because the daily chart is hysterical and the profit … Continue reading Fanuc: Do You Sell a Chart Like This?
I wonder how long it is going to take the Bitcoin promoters out there to realize they should back away from the stink that the crypto currencies will put on them. Well, the goofball in the post’s featured image above can’t back away because he’s already been sold as the face of the promo. I doubt he cares since the promo’s objectives have been achieved … Continue reading Bitcoin Promoters Ready to Scatter?