Profit taking is still legal: AMD

Amid the money printing and mass giveaways while the populace is forced to sit inside at the expense of the economy it is still okay to take your well earned…

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It’s not just gold stocks

Aside from gold stocks we have followed a whole list of stocks that have made at least theoretical sense for the current times. Caveat: The upcoming earnings season could whack…

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SPX ‘unfinished business’ monthly chart

A look at the monthly chart three days into April. The quarter ended on March 31 and soon the public will be getting its personal statements on the damage, which…

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NFTRH; SPX… where we are at

SPX monthly has put a long tail on its candle that had poked down below 2200. The best correction target is the 50% Fib at 2030 to the 2100 support…

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Has SPX finished its downside business?

Our noisy weekly chart has chronicled the index since it took out the Bull Turnstile (i.e. it decided to take out the red dashed trend line) and made its upside…

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SPX big picture monthly view

Here is how we have been viewing the situation in the S&P 500. For months now (since October and/or November when SPX hopped the Bull Turnstile) and as SPX climbed…

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I(C)BM Daily Chart Goes Vertical

IBM popped in January on some news or other and when it dropped to fill the gap I bought it (per the Trade Log), waiting through a bit further decline…

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