We will we will ROK U

I have already reluctantly trimmed this position once and it has grown in size again to be the 4th largest equity position (behind 3 favored gold stocks) in the account…

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Twitter; a Sad-to-Glad Whipsaw in 2 Days

Market psychology is a funny thing. I sold TWTR at a (then) high, thinking I was smart. It then immediately dropped and I was even smarter. Glad. Then TWTR gapped…

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The Distinguished Gentleman of US Indexes

I have an ongoing gag (to keep myself, if no one else, entertained) where the distinguished Clark Gable is inserted into commentary about the old fashioned indexes known as the…

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Pigs Take Flight

A couple days ago we asked the question in light of rising long-term yields, a steepening yield curve and the ongoing reflation operations by policymakers. Today the Regional Banks appear…

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Zoom… No Mo Momo (for me)

No mas, I can't take it anymore. I took the profit on the final shares (a minor portion were sold previously) of ZM today. This year I have tried something…

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Look Who Has Retained Market Leadership…

Why, it's Semiconductors and big Tech. For "best of breed" top down analysis of all major markets, subscribe to NFTRH Premium, which includes an in-depth weekly market report, detailed interim…

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Tweet Tweet, 33% Profit Taken

It never was meant to be a long-term trade and so today, on an analyst upgrade pump I'll finally take a solid profit on the little birdie. It's overbought on…

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Bottom Feeding; ALXN Edition

Sometimes being a bottom feeder is an exercise in determination and will. Sometimes it ends in ignominy, as the would-be bottomer proceeds on its trending way down. Sometimes you endure…

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Over Valued, Highly Relevant and Growing Like Weeds

Charts of my over-valued growth stocks, which are grouped in league with others like CRM, OKTA, DDOG, etc... These were among the best 'COVID stocks' (enabling remote communication and commerce)…

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Transports Positive Divergence

There are still several market internals indicators that are weak, especially regarding breadth. But one indicator that has flashed positive for a few weeks now is the Transports vs. Dow.…

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US Stock Market Leadership

The leadership chain is intact. SOX/NDX has remained functional. NDX/SPX has regained functionality. SOX/SPX is making a new high. Per this chart, as noted on Sunday in NFTRH 622, "this…

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