A man stared at the chart below and made an update for subscribers a little while ago. Now, being a man who stares at charts who wants to be something more than a man pretending that shapes and patterns on a single chart warrant the time of serious and busy people, the update included much more. It cross referenced some key sectors and tied in … Continue reading A Man Who Stares at Charts Sees H&S!
The theme for a bear case has been to take back the Trump rally in 2019, using SPX 2100-2200 as an example. Very simply, that would take SPX down to the massive support area that launched the Trump rally after the US election in late 2016. Now, consider that an H&S top could be taking place. With the over bearish sentiment that whipped up, the … Continue reading NFTRH; 3 Sectors That Have Already Taken Back the Trump Rally and a Juxtaposition w/ SPX (medium priority)
Investing.com has a market roundup for us this morning. It’s actually a somewhat helpful summary of yesterday’s events and ‘need to know’ stuff for today. Opening Bell: Futures Drop on Risk-Off Shift, Nasdaq Posts Death Cross But two things… Thing 1 Why does there always have to be a reason put forth by the financial media, every damn day about why the market goes … Continue reading The Men Who Stare at Charts: “Nasdaq Death Cross”!
