SPY Looks to Fill Lower Gap

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…

Comments Off on SPY Looks to Fill Lower Gap

FOMO?

Casino patrons are in the full wash/rinse/repeat cycle now. The Godfather of the men who stare at charts calls the market broken in the media and it is comforting for…

Comments Off on FOMO?

Time for Pressure Relief?

From NFTRH 523's Wrap Up segment, here is the portion dealing with the US markets... This morning a rare thing is happening. We have green US and global futures after…

Comments Off on Time for Pressure Relief?

Felder Report – DotCom Deja Vu

I get a little uncomfortable piling on to the case that is so obviously on display right now; the bearish one. But Jesse Felder draws some pretty good parallels to…

Comments Off on Felder Report – DotCom Deja Vu

Yield Curve – Is This Good Or Bad?

Tell me, is it good that the Yield Curve has not come close to the dynamic quick fire performance it had during the February market disturbance? Why, today it even…

Comments Off on Yield Curve – Is This Good Or Bad?

Macro Tourist on US/China

I like the way Kevin Muir writes. I like the pictures he uses with the funny captions, and I like the things he writes because these things betray a thinking…

Comments Off on Macro Tourist on US/China