Today the market got another one of those little jitters. There's a bearish engulfing candle and everything! The linked post explains more about its implications, which are only very short-term.…
Okay, day traders will note the bearish engulfing candle on the SPX daily chart, since those things only carry a bearish implication for a day or two and SPX does,…
This morning I saw a color other than green in the futures and global markets. US and global markets are down and the knee jerk reason seems to be a…
I am replacing the little subscriber promo on the right side bar. It had read... “You are absolutely fucking killing everything. Great job.” –Joe F 9.19.17 Going back in that…
Reference a post from August 11: Potential Pivots Upcoming for Stocks and Gold Stock Market Status In the above-linked article we noted several legs that could be kicked out from…
I shorted this pig today for no technical reason whatsoever. I shorted this pig because somebody has to amid all the talk of limitless central bank liquidity propping markets forever.…
A couple days ago we looked at who was in an Ascending Triangle. It was the NDX, which was following its leader, the Semi index. We have long followed the…
Sometimes I look at individual stocks and ask myself something like this, using Intel as the current example: 'how, if the market is going to go bearish [in Q4] can…
It's about time I get back to some plain old charting. Forget the ratios, the market indicators and all the crazy stuff and just chart things, man. At least sometimes.…
On August 11 the potential and reasoning for anticipated pivots in the US stock market and the gold sector were noted in this article: Potential Pivots Upcoming for Stocks and…
I don't own it, but the NFTRH+ segment in NFTRH 464 noted... "Meanwhile, old friend AMGN is looking interesting these days; somewhat similar to how ABBV looked early this year.…
I have been talking about the 2nd half of September and Q4 as a logical time for a market pivot for quite a while now. This was not just wishful…
I try really hard to have balance. Sometimes it works and other times it doesn't, either due to a miscalculation on my part or a market ripple of some kind.…
I have been firming a bearish view for the market when looking out to 2nd half September into Q4. In the meantime, it is silly season AKA the end of…