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…
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…
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…
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…
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…
I have so many charts that I use for NFTRH's Market Internals segment that I have had to start a new system, color coding the various internals indicators thusly... As…
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…
[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...…
Trump's tweet on Christmas Eve as the market continued to crater. Dear Donald, They have a perfectly good feel for the market, as they are merely balancing the scales of…
Take a look at the yield on the long bond. Take a listen to all those formerly loud Treasury BOND BEARS!!! Now all you hear are crickets. So are we…
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…
[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…
Our target for the first half of 2019 is and has been the 2100 to 2200 area for the S&P 500. A friend asked... I've been meaning to ask (and…
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…
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…