Bottom Testers Being Tested
We have been anticipating a test of the February lows and the SMA 200, and boy did it come like a freight train this week with Trump/China as an excuse…
We have been anticipating a test of the February lows and the SMA 200, and boy did it come like a freight train this week with Trump/China as an excuse…
With reference to this morning's post, yields are dumping, US Treasury bonds are getting a risk 'off' bid and the stuff that has gotten the biggest inflation/reflation bid since the…
We are now in the 'create a bear trap reversal or else... ' place for the Dow, which was the weakest of the 3 major indexes we reviewed while in…
…for people just waiting. Waiting for a train to go or a bus to come, or a plane to go or the mail to come, or the rain to go…
That would be err... me. Semi wrong about the recent abdication of leadership by the Semiconductor sector. Yet AMAT and LRCX are still in something of a breakdown mode vs.…
The market was not going to go down because Powell jawboned interest rates and Trump jawboned trade tariffs. It was like shooting ducks in a barrel to see Friday's reversal…
As of 11:11 AM US Eastern time 7 of 7 of my short positions are working and 8 of my 15 (non-precious metals) long positions are working. I am not…
You've got to hand it to this pig; it simply does not want to tip its hand right now. There was a massive sentiment clean out a couple weeks ago.…
Well, SPX remains below point B, which we had noted as a key area to decide on whether or not a next shoe will drop for the market. So far,…
Gold/Stock Market shot upward with the market disturbance and has been flagging back to the top of a short-term 'W' bottom. If renewed market disturbances are in the offing, the…
We have not looked at the market's internals and relative sector performance for a couple of weeks because the market cracked, was in motion and straight TA took precedence. But…
While using one of my primary educational sources, the boy plunger, Jesse Livermore earlier in the article... “I learned early that there is nothing new in Wall Street. There can’t…
Now that I've beat you to a pulp (and even managed to irritate myself) on bonds, let's update our friendly pig, the S&P 500 per the chart we used last…
US Stock Market We will update global markets as well as the macro situation in NFTRH 486, but for this article I'd like to focus on the US stock market.…