US Market: Friendly Reminder

A friendly reminder to the bears.  Though what is going on in the markets seems awful and indeed could be signaling macro changes to come, the US stock market is…

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SPX Sym-Tri, Bearish Break

Bulls obviously have some work to do now.  As noted, the break from this Symmetrical Triangle is probably going to establish a trend (finally) for the market.  As of this…

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Semi Leadership Intact

Well folks, they never make it easy do they?  As of now the SOX is firm as apparently the Intel hype could not break the chart (though it did put…

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TQQQ Short Covered

In a post late last week it was noted that the leveraged long NDX fund TQQQ was shorted.  Well, a quick profit is now booked.  It's not a good looking…

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Semi Bullish

Actually, I am fairly bearish and getting more so for reasons that will be reviewed again, in NFTRH this weekend. I am still not a bear however, as this week…

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If US Markets Are Going to Bounce…

If the US markets are going to bounce and avoid following the Transports and several global markets into a correction, the time to do it is, well... now. Subscribe to…

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Stock Market Snapshot

S&P 500 unsurprisingly did not follow through on yesterday's China hype-fueled rally.  Lateral support is shown along with two targets if support breaks.  The targets are plotted by 3 charts…

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Da UTES Break Da Wedge

The Utilities index was shown for subscribers in NFTRH 334 before it had broken out of its bullish looking Wedge.  The index had drifted down to support and if one…

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Want to See a Bullish Chart?

Well here it is, the Russell 2000 Small Cap index.  We had been managing a Diamond pattern (consolidation, not necessarily continuation or reversal, see lower panel) by daily charts and…

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NFTRH+; FARO Sold

Today FARO boinks its NFTRH+ target of 60 (59.96) and so I am letting it go for a gain of around 10%.  I love the company, but valuation is an…

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US Stock Market Updated

Here is a chart of more components of the US stock market from an NFTRH update last week.  It is untouched from that update other than its own progress, time…

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Semiconductors Updated

Say, how bearish does the SOX look to you?  I didn't think so. That 'Handle' is indicated to have been a consolidation of the big 'V' pattern after all that…

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Biotech Inverse the Stock Market Lately

Isn't it interesting that one of the few sectors in an unbroken bullish uptrend, the Biotechs, are down hard today as the stock market gets the relief bounce (a bear…

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