The leader, NDX, is filling its gap and pretty much at target today. The follower, SPX, is approaching target (and a gap fill). And Jerome Powell's 60 Minutes megaphone clowned…
Just an in-day status report. As of 1.5 hours into the regular session VIX is recoiling back to the EMA 20. There is no telling whether it will resume upward…
Here is the daily Dow in a Head & Shoulders pattern that is threatening to activate today by slipping below the neckline. Ah, but it's just a baby with a…
Regardless of whether or not the gap will fill, risk is... well you know what risk is. To make matters worse, QQQ (along with NDX, SOX and SPX) painted a…
In other words, I finally booked a nice 44% on this stock that was bought for its technology niche even before the pattern formed establishing the target, which got registered…
Excerpted from this week's edition of Notes From the Rabbit Hole, the Opening Notes segment of NFTRH 602: 'Sentiment Event' Rally Grinds On As we noted in March while it…
Being a nerd who happens to have been very keyed in to the remote work/collab/commerce/healthcare story since well before the dark days of March (when working at home became a…
That lesson would be: When you think you see something in the markets and your methods have been working do not be unduly influenced by things you see on the…
As we have noted since long before the COVID-19 crisis, Tech has been a firm leader. So too have general growth stocks been consistently leading so called* value stocks. Here…
I like to see how many angles, how many lenses I can view the market through. Here is one of those angles, the correlation of the ratio between the more…
I've spent so much time managing gold miners (for fundamental and technical reasons) and the remote work/communications/commerce/healthcare stocks (for obvious reasons, in NFTRH not here on the public site) that…
Now, what does it mean? Is it an ill-fated bounce or something more? The Vampire Squid is typical of what I am seeing in many Financials/Banks. GS has taken out…
It's just another new high in an uptrend that began over 1.5 years ago. That's all. And guess what? The FOMO'ing at the mouth herds have not even arrived yet.…
Daily Shot Brief, April 21 Just a reminder, you may want to bookmark and keep an eye on this excellent daily info dump. Below are a couple of items from…