A few interesting pictures 'vs. SPY'... Gold miners have risen vs. SPY since early September. Treasury bonds, hated by absolutely everybody (except maybe readers of this website) in September have…
We wondered in a post this morning whether USD or some anti-USD markets were off base as all items were firm. Answer: Uncle Buck had stepped off sides and afoul…
The gap resides at the 62% retrace of the 'V' shaped spike that went too far, too soon to be sustainable. Now, if this market has near-term upside (I've been…
It's gap fill time in the US, as you can see by the following charts that this man who stares at charts presents for you today. Personally, I have done…
i Spy a logical buy point and took a new and fairly sizeable (proportionally) position in SPY this morning. Also, both shorts are now covered; NFLX and SMH. SPY is…
A look at some daily charts of global markets/ETFs vs. SPX/SPY. Same rules apply as with the US sectors; it's not TA, it's a gauge of relative trend. In this…
We'll know soon enough, as SPY grapples with the SMA 50. Subscribe to NFTRH Premium for your 40-55 page weekly report, interim updates and NFTRH+ chart and trade ideas or…
Those who don't like my writing style may already call me boring (or worse), but as far as stock holdings go I willingly take on that description. If you're looking…
Gee, go figure. There is the gap up (as was noted in pre-market) and sure enough, there is the orderly looking flag down to potentially fill said gap. It's better…
From yesterday's Happy Gappy day trader post... "Even still, who’s to say today’s little expression of joy is not a gap to be filled quickly on the downside?" Boink, in…
Follow me if you will once again into the world viewed by a day trader. This is their world I assume, because they have to watch this stuff all day…
Let's play day trader and look at the 60 minute chart. The market gapped down and is now pissing off the bears as it rises to fill that gap. But…
As you may know, I have been bearish the Emerging Markets due to the big picture monthly chart breakdown by the MSCI EM index and iShares ETF. But in pulling an EEM/SPY chart I found this bottomy looking thing…
A simple progress report on SPY's bounce. The initial rally today put SPY back above the resistance line roughly equivalent to SPX 1975, which was Resistance #1 to the bounce…