Risk Management: Short XLF

We have been noting that the US stock market is bullish and that it is also at high and increasing risk.  I kept positions because of the bullish technical trend…

Comments Off on Risk Management: Short XLF

My Weirdest Market Indicator: Fido 5

This monthly chart is weird because I have absolutely no idea why or how it works, but it does work.  I can't even remember where I found this, but it…

Comments Off on My Weirdest Market Indicator: Fido 5

CRY Me No Tears

You write publicly for long enough and you will have a good little portfolio of items you highlighted, only to have an embarrassing reversal of your thesis take place as…

Comments Off on CRY Me No Tears

US Stock Market: Big Picture, Updated

We began using these charts earlier this year to illustrate why, despite all the negative hoopla in the media in 2016, the market very simply remained bullish, technically.  Now that…

Comments Off on US Stock Market: Big Picture, Updated

Feeling Manic?

We have been talking about how bullish the US stock market is.  It has been bullish uninterrupted for most of 2016 and that includes the Brexit buying opportunity.  We then…

Comments Off on Feeling Manic?

NFTRH+ Transports Trade Working Well

Do you remember when some Dow Theorists were admonishing us about the Transports' bearish divergence to the stock market?  Well, 6 weeks ago in NFTRH 415 we noted this chart…

Comments Off on NFTRH+ Transports Trade Working Well

US Market Update: Trump Towers

There are more Trump Towers being erected by certain indexes (ref. Uncle Buck's pants tent noted yesterday in an HUI update).  As an aside, say what you will about the…

Comments Off on US Market Update: Trump Towers

Reducing Short Exposure

In line with the message of the previous post, with yesterday's ding of the 2100 area on SPX and today's further weakness, I covered my largest position, which was an…

Comments Off on Reducing Short Exposure

A Bullish Leader Turning Bearish Leader

We have used this very simple indicator chart to show how the Small Caps have led the market in 2016, but done so within a post-2013 downtrend.  With the 2016…

Comments Off on A Bullish Leader Turning Bearish Leader

SPY: Gappy Not So Happy

From yesterday's Happy Gappy day trader post... "Even still, who’s to say today’s little expression of joy is not a gap to be filled quickly on the downside?" Boink, in…

Comments Off on SPY: Gappy Not So Happy

SPY: Happy Gappy

Follow me if you will once again into the world viewed by a day trader.  This is their world I assume, because they have to watch this stuff all day…

Comments Off on SPY: Happy Gappy