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…

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‘Inflation Trade’ Balloon Gets Pricked

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…

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No Longer in the Waiting Place

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…

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Semi Wrong

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.…

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A Strange (and Satisfying) Day

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…

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SPX: The Suspense Continues

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.…

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SPX Status

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,…

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Checking Some Gold Ratios (daily charts)

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…

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@ Biiwii: Macro Tourist On Point; Nobody Knows

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…

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As For the S&P 500…

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…

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