This morning I touted the good, and so now I'll try to remain unemotional in displaying the bad. I had to get rid of the small caps short (TZA) to…
Thinner and thinner the market's leadership becomes. Small Caps may be cooked, the Trump 'build out' 'Materials' sector is wobbling at best, Transports are well below the 2017 highs and…
This is one of those posts that started out as a regular blurb and then it just wouldn't stop talking, rambling on, getting a little preachy here, promotional there and…
As we noted in NFTRH 448... SPX and Dow did some gap filling as man and machine used the word “Impeachment” blared throughout the media as an excuse to sell.…
It has now been exactly 10 months since we established 2410 as the measured objective for the S&P 500. In forming a potential double top this week at 2405.77 I'd…
We'll know soon enough, as SPY grapples with the SMA 50. Subscribe to NFTRH Premium for your 40-55 page weekly report, interim updates and NFTRH+ chart and trade ideas or…
I love these MSM pieces about the "man who called this... " or "the man who called that... " designed to bait the masses into clicking. Hey, they got me…
People with shorter time frames would probably be looking at in-day charts (5 min., 30 min., etc.) to scalp short trades but for me personally, I need to see breakdowns…
An email from a reader (of the eLetter, I think) calling me out on trying to make too many correlations in a dysfunctional market (I think that was his bottom…
Recently we noted how the XLY/XLP ratio had broken upward from the dome to seemingly challenge the message of the 2003-2007 comparison to the current period (2013-2017). Here is the…
Every once in a while I like to trot out the monthlies so we can refresh the big picture view. So, here they are on a few varied items. The…
It's a big picture view with a story to tell. People are micro-managing the VIX, talking about how it either doesn't work anymore, if it ever did, or is forecasting…
It's all we'd asked for; a direction... please? Last week NDX got near its highs and the SOX got above its SMA 50, leaving the Dow and SPX still in…
It happens when inflammatory events (usually political, terror or war related, but also including things like Ebola, Bird Flu and the like) crop up; stocks go down and hysteria starts…