The Men Who Stare at Charts (SPX Edition)
Today on The Men Who Stare at Charts (TMWSAC) we stare at the daily chart of SPX and wonder whether TMWSAC are going to call this a Hammer candle and…
Today on The Men Who Stare at Charts (TMWSAC) we stare at the daily chart of SPX and wonder whether TMWSAC are going to call this a Hammer candle and…
While the US stock market is generally testing the 200 day moving averages, it is not as simple for the bulls as just a technical test for the indexes. The…
I see plenty of people out there shorting and looking good right now. However, I will simply not short stocks or markets that are in uptrends but pulling back. Now,…
This week on Sectors vs. SPY the relative trends say... Daily Financials, Energy and Materials are down. Industrials are breaking down and Technology continues its potential roll over. Weekly agrees…
This weekend I expect that the rudder of the NFTRH ship, the Market Internals segment, is going to be very busy. Among so many macro indicators we'll also take a…
This week on The Men Who Stare at Charts I crack myself up. That is because this man who stares at charts stared at the chart of SPY this morning…
i Spy a logical buy point and took a new and fairly sizeable (proportionally) position in SPY this morning. Also, both shorts are now covered; NFLX and SMH. SPY is…
I have only 2 short positions and one of them is NFLX (the other is SMH). I completely blew INGN after identifying it as a valuation pig months ago. I…
Yesterday we looked at WMT, an old Dinosaur of which I am long (pardon the Gartmanesque language; it annoyed even me). Today another sort of Dinosaur * I've been holding…
I bottom fed WMT somewhere down in the low/mid 80s because I did not believe the "death by Amazon" hype and because the chart seemed to be setting up a…
See, the chart says so... Subscribe to NFTRH Premium (monthly at USD $33.50 or a 14% discounted yearly at USD $345.00) for an in-depth weekly market report, interim market updates…
I was going through the US Market Internals chart list and stumbled upon this chart, which I've been ignoring in favor of other ratio charts over the last year or…
They say that CBD works well for anxiety and CVSI is ironic since it creates both the source of the anxiety and the aid for it. Think of it, you…
Time for this week's episode of (sectors) vs. SPY. Long-term yields are elevated and yet the Financials (and especially our friendly pigs, the Banks) are getting drubbed vs. the broad…