Thank you for your readership this year. Now let’s take a break, have a little fun working among the machines during this light trading week and squeeze in a little time with family and friends * sandwiched by more fun working with the machines before heading into the real meat and potatoes of market management in January. * That is the happy sounding version. I … Continue reading Happy Festivus
AAPL (weekly chart, click to expand) done the linear scale way. The EMA 200 supported corrections in AAPL in 2013 and 2016. The stock is now approaching that moving average again, and it is in convergence with a 62% Fib retrace of the entire post-2015 rally. AAPL done the log scale way. A trend channel conveniently appears at around the 62% retrace shown above and … Continue reading NFTRH+; Apple Done 2 Ways
This post is not to be confused with analysis of any serious kind. It is opinion-based, and as I watch the market systematically puke its way southward I cannot help getting more (and patiently) bullish the lower it goes (I have four current and tentatively held short positions after covering my largest position, which was against SPY). I am sorry, but the bear just seems … Continue reading The Raging Machines
