The title is about right from my perspective. I feel that NFTRH has either nailed important moves in the stock market (not down to the day, but in the preferred…
It was only 3 trading days ago that we noted the reason a bounce was likely coming due to the implications of headlines like this... Why a Bounce? That was…
Investing.com has a market roundup for us this morning. It's actually a somewhat helpful summary of yesterday's events and 'need to know' stuff for today. Opening Bell: Futures Drop on…
You partying? Wayne? You? Well, after expecting a bounce for an annoyingly long while the fledgling thing we had going before Mr. Powell's jawbone was finally rammed home today. A…
The market bounce scenario has been on my radar longer than has been convenient for my own investing/trading. But that's the way corrections and reactions often go I guess. At…
[edit] See also Among the Crickets, Gold Bears Roam a Barren Landscape, posted on 11.23.18. All through the bear market hopeful rationalizations were served up for a bullish case on…
[edit] In the time it took to write this update the Dow has sheared off over 200 points from my last check. As you will see below, we are drawing…
As noted, I am long SPY and got longer on yesterday's decline (ouch). That's the context for this morning's post. I have some shorts too, but not enough to compensate.…
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…