Media screws the contrary pooch (again) This time it’s Bloomberg and its BOND KING du jour*, Bill Gross making the call. And exactly one more hysterical day followed the call before the inevitable pullback (in yields) from the hype. I make no comment on how long yields will pull back because I obviously do not know. But I do make a comment that some kind … Continue reading How Perfect, the Pause in Yields?
The potential short-term bullish pattern noted last week in CRSP is showing up in other places (NDX, AMZN & NVTA shown here). Again, note that I personally don’t consider patterns to be core TA so much as play time with pictures. But this pattern is popping up in various growth/tech stocks. The lower panel is my current holding CHWY sporting another pattern I am seeing … Continue reading NFTRH+; Pattern noted last week is showing up in more places…
There is so much to cover in a weekly report that sometimes I cannot be as pointed as I’d like in my wording. Hence, in-week updates like this one to add more color. HUI is just above former resistance #2 and if it takes out the SMA 50 (blue) and uses this as support the next objectives are the red neckline, the channel top and … Continue reading NFTRH+; Bounce
