Profit Taking is Legal? Okay Then…

I am taking a well earned and substantial profit in PANW. I've been calling it a "machine" in NFTRH for its trend change and upward grind (that turned into a…

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vs. SPY

We've not publicly taken a look at the 'vs. SPY' US sector views in a while so here they are. Make of them what you will, but remember that normal…

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NDX & SOX; Gap Fill Time? 30 Min. Chart

NDX fills one gap with another down at support, which is in the 6950 area. SOX is trying to fill the first gap. A drop below the moving averages would…

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Semi Wrong

That would be err... me. Semi wrong about the recent abdication of leadership by the Semiconductor sector. Yet AMAT and LRCX are still in something of a breakdown mode vs.…

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A Strange (and Satisfying) Day

As of 11:11 AM US Eastern time 7 of 7 of my short positions are working and 8 of my 15 (non-precious metals) long positions are working. I am not…

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WMT Future Buy Setup

This is one on my radar. WMT has dropped hard and could be forming a daily bear flag, which would be ideal since I will only consider buying it substantially…

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SPX: The Suspense Continues

You've got to hand it to this pig; it simply does not want to tip its hand right now. There was a massive sentiment clean out a couple weeks ago.…

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SPX Status

Well, SPX remains below point B, which we had noted as a key area to decide on whether or not a next shoe will drop for the market. So far,…

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USD & SPX: Coincidental?

Right. I don't think so either. [edit] That's pretty funny. I no sooner finished the post, took a look at the futures and saw that stocks had reversed down and…

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S&P 500 Progressing Nicely

Yup, I said I am short Semis and Tech, but I am much longer the market. Remember, I am not one of you fancy traders; I am a portfolio twittler.…

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