Volatility at risk
VIX spike is getting excessive Regardless whether this is the start of a bear market (and the changing moving average trends on the VIX indicate it could well be), the…
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January 24, 2022
Stock market correction or something worse?
As the US stock market corrects... US indexes are largely intact, and that includes NDX, even as everybody hates Tech now. SOX is intact too, but as we've noted for…
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January 20, 2022
Small Caps ETF (IWM); the weaker it becomes?
Small caps (IWM) are precarious There is an old saying among the men who stare at charts... "The more times a support level is tested the weaker it becomes." Okay,…
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January 14, 2022
You can bet a lot of eyes are on this ‘W’ pattern
Small Caps (IWM) are at a technical decision point And that decision is between breakdown or a hold of the daily trends of the SMA 50 (intermediate) and SMA 200…
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December 30, 2021
Another US stock market leader gets in gear
The Medical Device ETF is breaking a trend line We have tracked market leadership by the SOX>NDX>SPX chain closely in NFTRH. It is one of the keys to an ongoing…
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December 23, 2021
Small caps at critical support
Small Cap (Russell 2000) iShares is at important support The chart of IWM implies that the correction needs to end sooner rather than later or some markets are going to…
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December 20, 2021
Two of four gaps filled
NDX and SOX filler their upper gaps Ref. last Thursday's... Not in love with these gaps While SPX and DJIA are still working on theirs, the market leader (Tech) and…
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December 14, 2021
Not in love with these gaps
US stock market indexes sporting gaps Gaps don't need to fill on any given time schedule, but unless they are pure breakaway gaps they will usually fill sooner or later.…
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December 9, 2021
Of course the Pigs are flying
Banks are posting a strong quarter The inflation (money printing by the Fed) has brought reflation (economic benefits of said inflation) and none are more targeted for benefit than the…
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October 14, 2021
Gold vs. SPX (GLD/SPY)
Rah rah sis boom bahhhhh, gold explodes higher vs. stocks! And buggish cheer leaders are of course micro managing it. One day perma-bullish squirrel finds nut.* Is today that day?…
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October 13, 2021
Mr. Peabody (BTU) takes off
Peabody Energy stock (BTU) takes off I know as much about coal for energy and steel making as I do about nuclear thermal propulsion. That is, basically nothing. I leave…
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October 5, 2021
DVAX: Want to see volatility?
Dynavax stock drops, pops with massive volatility Well, not all news out of China is bad this week. Since the last post on the subject my DVAX story saw a…
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September 22, 2021
Dynavax baby grew up quickly
DVAX hits Goldman's target of 19 in 2.5 weeks On August 13 we noted that the Vampire Squid had discovered my DVAX baby and set an upside target. Today DVAX…
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August 31, 2021
Stock market risk not yet realized
Stock market is at high risk, but... The 'but' is the old saying "markets can remain [seemingly] irrational longer than you can remain solvent" if you fight a trend that…
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August 26, 2021