Healthcare Revisited
Regarding the recent posts on Healthcare, I took the profit on PFE [edit: AMGN targets higher but taking that profit too] for two reasons; 1) As noted in NFTRH 389…
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April 5, 2016
Healthcare Sector Updated
A week ago we had an NFTRH update (now public) about the Healthcare sector. With a nod to this morning's Market Psych 101 article, I was at a point of…
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April 1, 2016
Bulls Still Wear the Dunce Cap
I assume everyone sees the topping pattern on the S&P 500. It is the Dome (AKA Dunce Cap) we have been following since mid-2015. The most bullish thing about this…
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March 29, 2016
Dow & NDX Big Picture
I like browsing through old charts just to see what they are saying sometimes. This one is from an NFTRH edition sometime back in 2015, when we were gauging the…
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March 24, 2016
Broad US Stock Market
One question; do you think these are bullish yet? I have been compelled to turn the resistance lines green for tentative support. But in my opinion, none of these items…
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March 23, 2016
S&P 500 Simply Following its ‘Stimulus’
As corporate profits have decelerated over the last year the S&P 500 was left with little more than the monetary base, which had been ramped like crazy by post-2008 monetary…
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March 18, 2016
S&P 500, Test Post
Just posting to try to get the media settings right on the new site format. While we're at it, let's note that SPX is now at the top of our…
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March 16, 2016
S&P 500: Thing 2 Still on Thing 1’s Playbook
In subscriber updates we noted that the middle of the 'W' was at 1947. That was the high that SPX would need to take out in order to keep the…
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February 26, 2016
The Scariest Stock Market Chart in the World
The title is a paraphrase of "the scariest gold chart in the world" (target below $400) someone sent me in 2009, just before the gold price began its $900 per…
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February 9, 2016
S&P 500 Dunce Cap
For months we have been calling it a "Dome" on SPX's head. Now that markets are getting interesting and since I prefer to be colorful when markets allow, this highly…
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January 8, 2016
i Spy the US Stock Market
We have been following gentle downtrend channels like this one in SPY on the SPX and Dow for weeks now, along with a sideways channel on NDX. Subscribers were well…
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January 5, 2016
RUT Roh
Russell 2000 is poking below support this morning. That would be okay as a potential in-day whipsaw but other indexes were showing negative signs 2 days ago (subscribers ref. last…
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December 11, 2015
When Might the Energy Sector Bottom? XLE Monthly Chart
This is an old NFTRH+ chart of the monthly XLE. There have been some false alarms and bounces on daily charts, but we used the monthly as the moderator. It…
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December 10, 2015
Weekly View of SPX and Daily IBB & RUT
We covered the daily chart earlier. Now for the weekly view, which puts some perspective on the bounce from last week's losses. This bounce was always going to happen. I…
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November 18, 2015