Your Daily SPX & NDX 60 min. Micro-Management Post
SPX is encumbered by its constituency, which includes some pretty rough looking sectors and so it follows that is relatively weak compared to big Tech, which the media had all…
SPX is encumbered by its constituency, which includes some pretty rough looking sectors and so it follows that is relatively weak compared to big Tech, which the media had all…
Time for what is becoming a regular look at these major US indexes* as they grind along in their potential bounce patterns through the ups and downs of the inflammatory…
What the hell, let's continue to do some play by play calling on these indexes the way day traders do. Yesterday we noted... Still leaning toward a bounce to at…
Well, they got reversed in-day but I am still leaning toward a short-term scenario where the market at least tries to fill a Trade War hype gap or two. It…
Let the stock market's technicals be your guide amid the volatility. Don't let the media rattle you as this man with a playbook from the 1970s does his thing. SPX…
With the big bounce back in long-term Treasury bonds (as yields got slammed right where the Continuum's limiters projected they would) we have Amigo #2 in the books. Remember that…
We have been anticipating a test of the February lows and the SMA 200, and boy did it come like a freight train this week with Trump/China as an excuse…
You've got to hand it to this pig; it simply does not want to tip its hand right now. There was a massive sentiment clean out a couple weeks ago.…
Well, SPX remains below point B, which we had noted as a key area to decide on whether or not a next shoe will drop for the market. So far,…
Right. I don't think so either. [edit] That's pretty funny. I no sooner finished the post, took a look at the futures and saw that stocks had reversed down and…
Yup, I said I am short Semis and Tech, but I am much longer the market. Remember, I am not one of you fancy traders; I am a portfolio twittler.…
Now that I've beat you to a pulp (and even managed to irritate myself) on bonds, let's update our friendly pig, the S&P 500 per the chart we used last…
Okay, a little play-by-play sports fans. I covered another short (on SOXL) and still have the bullish feelings (short-term only at this point) welling up within me. Can SPX go…
I have been wrong on many things and I'll be wrong on more. It's part of being human, and the financial markets love to rub our noses in our pathetic…