An email from a subscriber asking for my view on the chart of the Global X Nigeria ETF (NGE) is the basis of this post. We had highlighted NGE sometime…
The following is part of the Market Sentiment segment of this week's edition of Notes From the Rabbit Hole, NFTRH 498. I've given it a funny name that would be…
We begin with this Admin note and don't look back over 69 pages of market intelligence that I found extremely helpful this week. As noted previously, doing the work like…
You don't know how many times I looked at this languishing stock and felt like selling it. But then I thought 'blah blah blah... internet of things', 'blah blah blah...…
Since early 2016 we have been carrying forward a theme illustrating that until the macro trends in place since 2011 change, the situation would be as is, stocks trending up…
Now that Uncle Buck has done what we thought he might do and bounced from long-term support (see monthly chart at end of post) to the 200 day moving average,…
Public readers, please don't construe what I write publicly as some kind of reco to short (I have been short XLF for portfolio balance and a contrary interest rate view).…
Tell me, is the market croaking TSLA this morning only because Mr. Musk had a big, dumb, impetuous and ill-advised mouth on the conference call or is the market looking…
I initiated shorts on a couple of device companies yesterday, WAT & VAR. Of the two, WAT has the better (or should I say worse?) looking chart. Ref. a post…
We reviewed the Industrials (XLI) yesterday noting "But the lower low is in and now a bounce to test the SMA 200 breakdown or very possibly the declining SMA 50…
Daily and weekly views of various US sectors vs. SPY. The reminder is that this is not normal TA. It is just a way of gauging short and long-term sector…
I am using a larger daily chart (click for clearer view) to show the extent of NEM's uptrend, which began in July of 2017. During that time it has routinely…
A couple of positive in-day indicators for the precious metals sector, pre-FOMC. I guess that could be a caveat that could create volatility, but 94% of CME futures traders expect…
Using the Industrials SPDR per this post as an example, we have another segment that has ticked to a lower low (finally). Now, the market being the market it will…