Control… Fore! [w/ edit]
[edit] Evidently I was not the only one who saw value. A private equity firm has offered a 40% premium on a buyout. I'll probably take the full profit even…
[edit] Evidently I was not the only one who saw value. A private equity firm has offered a 40% premium on a buyout. I'll probably take the full profit even…
Aye aye aye, one look at MarketWatch's front page this morning and it's Trade War overload. What's more, the public is reading about bull traps, bear traps, shattered uptrends and…
Well, the short answer is that SPX is still on a top test and so far at least, it's not passing the test. There's a gap down lower at the…
The Megaphone (Expanding or Reverse Symmetrical Triangle) in the previous post is a larger weekly view. Today a man stares at a chart... ...and wonders if a daily Reverse Sym-Tri…
For those of us who've been wrapped up over the last few days (work and personal issues for me) this morning presents an opportunity to get up to speed on…
The title was coined by none other than the Macro Tourist, Kevin Muir in another of his fine posts. One Group Will be Spectacularly Wrong In the post he outlines…
Of course the title could only mean Tesla, which is hitting its lowest point since 2016. Nope, I am not short. But if this pig and some of its over…
Unfortunately for we humans with our firing synapses and hence gnat-like long-term attention spans, this pig moves at its own pace, which is slow. Until the drama of a big…
Whether the Services component... The Insurance component... The Pharmaceuticals component... Or now even the former market leader, the Medical Device component... ...the US Healthcare sector has not been the place…
SPX is making an announcement through a Megaphone topping pattern. Now hear this! "I am setting my sights on point 5 of an Edwards & Magee style Megaphone/Expanding Top/Reverse Symmetrical…
[edit] Thanks again Wordpress for the weird title saving glitch at the time of posting. It's starting to piss me off. I was invited to join an email group by…
All I can do is advise what the charts say at any given time. What this one says is that my original downside target is in jeopardy as long as…
The headline says it all (click for the story)... This is fine because one of our major themes - assuming we do not go full blown counter-cyclical here in the…
Time for a look at our 'vs. SPY' sector views, using weekly charts today. These tell the longer-term trends of the various sectors in relation to the S&P 500 AKA…