I am finally getting myself oriented after being on the road yesterday and completely missing the FOMC nothingburger of future inflationary policy. The broad markets are using COVID-19 resurgence fears…
In taking a look at the daily chart of the VIX and noticing its somewhat firm look (as opposed to a continued plunge) I expected to find a divergence warning…
The over valued growth area known as the Cloud (w/ SaaS software and all that remote collaboration stuff) has been a leader out of the March crash, leading broad Tech…
Why are gold stocks "getting hit" today as the stock market cheers some vaccine and economic reopening hype? You know why. They were due for a decent correction. If you…
The leader, NDX, is filling its gap and pretty much at target today. The follower, SPX, is approaching target (and a gap fill). And Jerome Powell's 60 Minutes megaphone clowned…
NDX (QQQ) painted a bearish engulfing candle 2 days ago and yesterday it fulfilled the minimum requirement of that signal by having a solidly negative day. However, it is above…
Excerpted from this week's edition of Notes From the Rabbit Hole, the Opening Notes segment of NFTRH 602: 'Sentiment Event' Rally Grinds On As we noted in March while it…
I've spent so much time managing gold miners (for fundamental and technical reasons) and the remote work/communications/commerce/healthcare stocks (for obvious reasons, in NFTRH not here on the public site) that…
Here is the snapshot a couple minutes before 6:00 US Eastern. What I see here is the relatively weak SPX and especially Dow and the relatively strong Nasdaq. That has…
We did a little work in the TL Notes yesterday showing that HUI ticked its higher high, which we very much want to see for the forward bullish view. I…
Below is a larger version of the daily chart posted in yesterday's TL Notes. Since SPX closed above the EMA 20 it has opened up the potential of something I…
A look at the monthly chart three days into April. The quarter ended on March 31 and soon the public will be getting its personal statements on the damage, which…
No pun intended with the title, but it appears that the market's excuse to fall once again - as was eventually likely on this bounce - came on the heels…
They usually work. It's just that sometimes you've got to wait a while for them. I sometimes go rummaging through the chart lists (today I did this after making an…