Gold Stocks: Peak Bleak?

Peak Oil? That was an obvious and widespread promotion while it was in play and did not fool anyone who bothered to step aside from the herd that ran with…

Comments Off on Gold Stocks: Peak Bleak?

SPX big picture monthly view

Here is how we have been viewing the situation in the S&P 500. For months now (since October and/or November when SPX hopped the Bull Turnstile) and as SPX climbed…

Comments Off on SPX big picture monthly view

Turned Off

A couple weeks ago during the volatility my Fidelity accounts not only got turned off, they disappeared all together. Today? We start with Stockcharts.com seizing up as apparently their little…

Comments Off on Turned Off

NFTRH; Then (Q4 2008) vs. Now

Housekeeping note: If you are at all interested in what one casino patron is seeing as events unfold - assuming I am watching the market, which is not always -…

Comments Off on NFTRH; Then (Q4 2008) vs. Now

NFTRH; SPX is Driving the Bus

From yesterday morning's update... "So who’s driving the bus, SPX or DJIA? I don’t have that answer, but until the herds stop stampeding we would do well to respect what…

Comments Off on NFTRH; SPX is Driving the Bus

Coronavirus Wax On/Off

Coronavirus wax on (DJIA +275), Coronavirus wax off (DJIA -204). And so it goes in sentiment-driven markets as the herds, led by the machines... thunder on. Yesterday it was all…

Comments Off on Coronavirus Wax On/Off

Checking the US Market Leadership Chain

The leadership chain of SOX → NDX → SPX was noted to be wobbling on its front end in NFTRH 588's Market Internals segment. It had just gone to neutral…

Comments Off on Checking the US Market Leadership Chain

Godfather of Technical Analysis Speaks [w/ edit]

[edit] As the market bounces from what we showed to be heartily recoiled sentiment due to Corona-fear, let's edit into this TA post the final thought to NFTRH 588's Sentiment…

Comments Off on Godfather of Technical Analysis Speaks [w/ edit]

Monkey See, Monkey Do

Monkey see... himself take a small (now booked) loss on XLNX that had once been a very decent profit, Monkey do... sell CIEN for a very nice profit. Simple. Monkey…

Comments Off on Monkey See, Monkey Do

Micromanaging the SPX Daily Chart

Per NFTRH 587 and yesterday's post with respect to the Bearish Engulfing candle... "A word on daily chart candle formations… their efficacy is measured out in a day or two…

Comments Off on Micromanaging the SPX Daily Chart