As originally anticipated could happen (ref. July 19 video update, regarding the initial clear resistance/breakdown area): "USD can break through it, test the SMA 50 and still remain in a…
Arista Networks Stock (ANET) takes off in after-hours Per Friday's Trade Log after I'd already added the drop in ANET and upon seeing it drop more: Not sure what is…
[edit] I added WEAT after hours, after writing the update. As I started taking a look into the Agricultural sector to see who is leading and who is dragging (GKX…
I joked about Perma-bear Peter Schiff doomsaying the stock market in an earlier post, but a commenter noted that renowned bear Tim Knight (Slope of Hope) was giving up the…
Well, the answer is that the nice neat resistance of the breakdown was not going to hold on the bounce. As suspected in the July 19 video update, USD/DXY now…
On the technical side, GDX is doing nothing we did not discuss in the video update on July 19. It is getting a good disturbance during FOMC week, as anticipated.…
Peter Schiff rings alarm bells, sets an important contrary indication for a stock market blow off into ending stages Ole' Perma-Peter is at it again, as is the mainstream financial…
The US dollar index (DXY) has halted where it 'should' have on the bounce into FOMC [edit] In the time it took to write this post Uncle Buck held the…
Just for fun more than anything else. I saw a little inverted H&S lurking within the big one on BABA that we reviewed yesterday. I ended up buying the stock…
The USD breakdown is being tested with a bounce, as expected Kind of an important juncture during kind of an important week, wouldn't you say? The still-hawking, backward looking, tardy*…
Commodities and the 30 year Treasury Yield 'Continuum' Commodities are usually well aligned with inflation signaling from the bond market (nominal yields, yield curves, inflation expectations, etc.). My current views…
Checking in on the anti-market and the precious metals leader, USD and Silver USD (DXY) is creeping through the clear resistance area and ticking above the daily EMA 20, as…
BABA is among several Asian/EM items that look poised to rally off of bottoming patterns if the US dollar resumes its bear cycle (within its bull market). These are bottoming…
