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…
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…
Earlier in the week we noted US stock market negatives in that EPS estimates are coming down and even more importantly, the over valuation of stocks (SPX dividend yield of…
With the stock market's breakout failure and then breakdown in October - which it has not yet technically remedied, despite the bounce - we opened the door to a target…
In the previous post we illustrated a measure of extreme stock market over valuation in comparing the dividend yield of the S&P 500 to that of the 10yr Treasury Note.…
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…
With the stock market finally on its bounce, I am going to give it a little room to run and prove whether it can grind into the holidays or fail…
This man who is staring at you right now also stared at his charts and noted that the damage has been done to the stock market. “From a technical perspective,…
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…
I decided a couple weeks ago add a regular segment where I just talk about some things I think I know about a given market or situation based on the…
Nothing goes straight up or straight down. The odds that we have at least entered a cyclical bear market that could bring SPX to the 2100-2200 major support area have…
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…
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…
This morning is interesting. As we have been noting, there has been a contrary setup in the bond market and we are watching for a potential failure in long-term yields.…
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…