SPX ‘M’ Top and What Has Come After

This is the weekly chart of SPX and VIX that we used last year in NFTRH to plot a summer grind upward into what was projected as an 'M' double…

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CIEN Ya Later

This one has been in my portfolio much more often than not over the last 1.5 years mostly due to its habit of growing freakishly bullish looking patterns (all of…

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Hello, My Name is Gary

A collective "Hello Gary". Hello, folks. I cannot really say that I am a recovering stock market gambler because at least I have seen it for what it is and…

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Attack of the Giant Squid

Not unrelated to the previous post about long-term interest rates, I added the Vampire Squid yesterday per the NFTRH Trade Log. I did so after getting a sneaking feeling about…

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S&P 500’s Moment of Truth is at Hand

We expected a holiday bounce, and it finally arrived after much hysteria. So why get hysterical now that it is playing out exactly according to plan? Personally, I want this…

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Silly Season: ROKU Edition [w/ edit]

[edit] It occurs to me that I should note that I previously got hammered on ROKU, as I bottom fed it and it kept going down. So the reminder is...…

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A Bad Look for SPX

So first off let me own the fact that I'd originally leaned toward a grind with an upward bias into January by this weekly chart. That upward bias would have…

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President Tweets, Market Knee Jerks, Tanks w/ edit

[edit] I had actually been concerned about whether I’d be able to cover shorts effectively this week, assuming the bullish Santa seasonal, contrarian bullish sentiment backdrop and a Fed whispering…

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Tweet Tweet!

Per the NFTRH Trade Log I bought TWTR on Monday for its daily chart pattern even though the weekly chart was less attractive. TWTR had been conspicuously constructive despite the…

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Rut… No, Not Yet

Astro is still frisky. Yesterday morning we took a look at RUT, which has broken below support (now resistance) and noted that SPX and Dow were making a move that…

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