I am still holding this streaming service that I don’t even use. I held it for two reasons… The chart never told me to sell,
Category: Stock Market, US
Man Stares at Daily and Weekly Charts of SPX
They are bouncing the market this morning but the projected open keeps SPX below the (green dotted) daily EMA 20 and also the former blue
A Sentiment Event for the Ages; NDX Edition
The men, women and machines that are driving this hysteria now were sitting in the corner sucking their thumbs in March. They were swearing off
A Sector Ripe for Shorting? Not so Fast…
This is a time when charts are working well for bullish outcomes but for bearish ones? Not so much. Exhibit A is one in the
Eye Spy a Bearish Engulfing Candle
Where broad stocks are concerned, I am strategically long. Not short (yet, anyway). So this is not the product of someone wishing and hoping. I
(Sectors) vs. SPY
A view of several US stock market sectors vs. the broad SPY, which includes most or all of these sectors to one degree or another.
Thank You, Mister Softee
In and around the March market crash I was buying Tech related items like AMZN, DOCU, NVDA and Mister Softee here. The good Mister is
The Truth About Growth vs. Value
Far be it from me to be a momentum hopped trend follower, but the charts are the charts. This article at MarketWatch that wants to
Hey, Look Who Held Serve Today
Why, it was the NDX/SPX ratio, AKA the market leader holding its leadership trend. Just a week ago the mainstream financial media were urging caution
DVAX Position Halved as Casino Patrons Take Over
I’ve already taken one partial profit on what was supposed to be a long-term hold for the commercialization of its Hepatitis vaccine. But then the
Froth is now out of Tech leadership
Hey, it could be back to the future where value stocks will take over for growth stocks or it could simply be a reset of
Idiotic MSM Headline of the Week
Nasdaq outperformance vanishes as Dow, S&P score gains after Gilead’s remdesivir update Link removed as even MarketWatch must have realized how dumb it is and
We Will Rok U
Sometimes being a man who stares at charts, gets titillated and acts upon that titillation pays off. ROKU was brought to my attention by a
Value is in the eyes of the beholder
Why have Value stocks delivered frustration while over-valued Tech and Growth deliver the big gains? Well, this… And this… Call it a bubble or call