Complete with rising volume on the breakout (neckline not shown, but it's broken). Oh wait, never mind. It appears I inadvertently turned the chart upside down. Here, let me fix…
If this daily chart is to be believed all the bad news has been cooked into BA and it's going to go to a gap fill at 410 or a…
Taken from a comment to a post over at Tim Knight's Slope of Hope... Perfect! That is how the whipsaw market driven by the news cycle feels to me. Trump…
This one was brought into the portfolio originally because it was converting to an uptrend and I was watching industry companion CTRL (later added as well), which was subsequently bought…
Over valued TeeVee company ROKU got killed this week. It started with Apple's news (last week I think) and continued with Comcast's news this week. Analysts are falling all over…
Back on June 19th we had an NFTRH+ update on Campbell Soup (CPB). In it we noted that it was grinding out a trend change. So many times did this…
Here is the weekly view of the S&P 500 with its stories to tell. Story #1: The uptrend is intact and this bull market has screwed the shorts on 3…
As far as broad stocks go I am well-biased long this market. But I do hold 3 sector shorts and the SPX short fund SPXS, which was reduced yesterday along…
In order for this up trending market to lose that status its bounce should hold either here at the daily EMA 20 or at the SMA 50. Those averages coincide…
As suspected, yesterday's wonder rally was just such complete bullshit running on hype. I did not even think of covering shorts (including leveraged fund SPXS against the index shown below)…
The title alludes to the hyper-kinetic, hyperbole-fueled stock market and going the other way, the defensives like Treasury bonds and gold; all informed by the headline of the day. If…
With the real action taking place in the precious metals lately one might think that we've forgotten or at least downplayed the US stock market. Not so. Here's the first…
On April 16th we highlighted a weekly chart technical theme, which is the Reverse Symmetrical Triangle (AKA Megaphone) pattern. In full disclosure, I first saw the Rev-Sym-Tri elsewhere as noted…
So we've looked at a couple of good bull situations. Here's one from the bear side that is working so far.* From the Trade Log on July 26th... "Shorting more…