All Too Predictable
The markets are still in short-term downtrends, but this morning's gap down on the China news was a setup. I sold no longs (and also covered no shorts) but added…
The markets are still in short-term downtrends, but this morning's gap down on the China news was a setup. I sold no longs (and also covered no shorts) but added…
Let the stock market's technicals be your guide amid the volatility. Don't let the media rattle you as this man with a playbook from the 1970s does his thing. SPX…
See, the chart below says so. It says 'higher highs and higher lows' intact, despite Trump, Amazon and the death of big Tech. Anyway, QQQ could easily go in the…
The general Healthcare ETF (BioPharma, Medical Device/Equipment and services of all kinds) is in trouble. I am not short the ETF, but I am short one of its largest components,…
Time for another look at various sectors vs. SPY using daily and weekly views. To review, normal technical analysis does not really apply but these are good for showing what…
Hello, my name is Gary. I am a Keystone Kop, making more goofy moves than sensible ones* during a week where I really should be just putting down the crack…
So tell me, how do you write about volatility to come, mentally prepare for it and then get beaten by it? Well, if you are me you live up to…
As the VIX flies up, down and all around (bullish or bearish the one thing we have been planning on is increased and extreme volatility) I am happy enough to…
Who is surprised that the stock market is bouncing at or around its various 200 day moving averages? I didn't think so. This test will play heavily into the near…
We have been anticipating a test of the February lows and the SMA 200, and boy did it come like a freight train this week with Trump/China as an excuse…
This MULE is reportedly getting bought by Salesforce at around a reported $6B. With all this "reported" yet unconfirmed talk I'll probably have to take the profit. Good news: I…
We are now in the 'create a bear trap reversal or else... ' place for the Dow, which was the weakest of the 3 major indexes we reviewed while in…
Ref. the 2 previous looks at the 30 min. charts of NDX & SOX. Thing 1 & Thing 2 Here is the updated chart from those posts. Boink, these leaders…
We have noted the key support area on the Nasdaq 100 and here are the futures in pre-market, getting slammed. Support (green dashed) is not lost until a daily close…