Man Who Stares at Charts Sees Gaps Filling and a Symmetrical Pattern on SPY
It's gap fill time in the US, as you can see by the following charts that this man who stares at charts presents for you today. Personally, I have done…
It's gap fill time in the US, as you can see by the following charts that this man who stares at charts presents for you today. Personally, I have done…
This man who stares at charts saw ROKU getting wiped out post-earnings - as so many growth stocks have this earnings season - and started a position in after hours…
Earlier in the week we noted US stock market negatives in that EPS estimates are coming down and even more importantly, the over valuation of stocks (SPX dividend yield of…
A small excerpt from NFTRH 524: Let’s take a brief look at earnings season. A complete view can be found at Factset. While fiscally stimulated corporate performance has been going…
Some days you feel smart. Some days you don't. And all days you are still the same hard working doofus hoping to have a few more smart days than dumb…
The first chart is daily SPX from an NFTRH update yesterday morning. You, I and Captain Obvious all see the 200 day moving average, which is the first key resistance…
Man stares at chart. Man sees weekly trend line. Man thinks "hmmmm... " Subscribe to NFTRH Premium (monthly at USD $33.50 or a 14% discounted yearly at USD $345.00) for…
Casino patrons are in the full wash/rinse/repeat cycle now. The Godfather of the men who stare at charts calls the market broken in the media and it is comforting for…
From NFTRH 523's Wrap Up segment, here is the portion dealing with the US markets... This morning a rare thing is happening. We have green US and global futures after…
I decided a couple weeks ago add a regular segment where I just talk about some things I think I know about a given market or situation based on the…
Nothing goes straight up or straight down. The odds that we have at least entered a cyclical bear market that could bring SPX to the 2100-2200 major support area have…
I get a little uncomfortable piling on to the case that is so obviously on display right now; the bearish one. But Jesse Felder draws some pretty good parallels to…
[edit] Cover another successful short in NFLX on the tank job. Maybe I will never be a heroic, go for it all short trader but over the last few weeks…
iRobot: Good company, great performance (despite competition) if left to its own devices. Not great forward margin prospects due to Tariff pressures. It's on my watch list for a potential…