US Stock Market
Reference a public post about momentum leader, the Biotechs, looking to go lower.
Fellow momentum leader SOX is potentially double topping…
Reference a public post about momentum leader, the Biotechs, looking to go lower.
Fellow momentum leader SOX is potentially double topping…
Amidst an economic backdrop in the US that continues to very gently decelerate, we have a celebration of what was perceived by the market as a dovish Fed. Anxiety had…
For the 2nd week in a row I'd like to forgo the regular ETF update in favor of a more conversational 'market status' update. We noted in NFTRH 329 that…
The predictable bounce has come up to just below the predictable resistance parameter. Just for fun, here is a 30 minute chart of SPX. Click to expand. 2065 is the…
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…
The potential bear trap and bounce noted in yesterday's update is following through today and now it is time to set its parameters. To keep things simple, let's use a…
I have gone mostly sidelines with the seasonal stock market bounce stuff, but also am not short a single thing. With that disclosed, here is a gappy view of the…
In part 1 we noted the gaps to start 2015 that were likely to fill, and in part 2 we updated the progress. Part 3 will close the series because…
Here is the progress of the 4 US indexes noted as we began our Gappy New Year... RUT is entering the support zone with the gap down below. NDX is…
It looked like a few rats tried to jump ship as the bell rang on 2014. But it is hard to trust any one day or week as a guide…
[edit] Post veers at little at the end, may require a couple reads... [edit2] Attn: Subscribers, material dovetails with market analysis in #318 [edit3] Charts are quite large; click for…
This is an updated view of a chart that was created so long ago I can't even remember it. I just found it rummaging through a chart list. Anyway, it…
Just for fun, let's dial in close up to the wonder bounce going on in stocks. The 60 min. view tells would-be shorts to consider the middle of Bollinger Bands…