RUT Roh

RUT has led a breakdown on the daily index charts. With SPX and Dow threatening to follow suit today. This should be interesting. Curiously, NDX is the index that is…

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3 US Market Death Crosses and One About To Cross

Before I begin this post... Dear Wordpress, your new editor Gutenberg has all kinds of bells and whistles and innovative gadgets (especially these infernal blocks). I hate it. It is…

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A Tweet, a Jawbone, a Policy Notice or… ?

There is way too much going on out there for a blogger to try to summarize without sounding like a goddamn sports announcing play-by-play caller. Oil this, Huawei that, Trump…

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A Man Stares at the Post-Crash Chart of INGN

In August I was forced to cover a fundamental-based short in ignominy. I knew the company was over valued because in a previous life I had made components for products…

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A Man Who Stares at Charts Sees H&S!

A man stared at the chart below and made an update for subscribers a little while ago. Now, being a man who stares at charts who wants to be something…

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Garth!

You partying? Wayne? You? Well, after expecting a bounce for an annoyingly long while the fledgling thing we had going before Mr. Powell's jawbone was finally rammed home today. A…

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Why a Bounce?

The market bounce scenario has been on my radar longer than has been convenient for my own investing/trading. But that's the way corrections and reactions often go I guess. At…

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Bounce… Now What?

I have been expecting a market bounce for longer than has been convenient. What I mean by that is that this curmudgeonly trader who does not enjoy day trading up,…

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The S&P 500 Has an RSI Divergence Problem

As noted, I am long SPY and got longer on yesterday's decline (ouch). That's the context for this morning's post. I have some shorts too, but not enough to compensate.…

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SPY Looks to Fill Lower Gap

The gap resides at the 62% retrace of the 'V' shaped spike that went too far, too soon to be sustainable. Now, if this market has near-term upside (I've been…

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The Men Who Stare at Charts: SPX and Gold

This is definitely the product of a man staring at a chart and wondering aloud. And if the imaginings of this weekly chart are accurate killing the bull market will…

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SPX Fills Opening Gap

A little in-day management shows SPX fading to fill the opening gap up. I established my first short position (against Semis) on the opening market bounce but SPX is not…

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