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…
[edit] I've been expecting IBM to drift down to support and post earnings, it is dropping hard to it. I added in AH and we'll see if this is a…
We have described the current stock market correction/consolidation as a reaction within an intact uptrend. For those who may have shorted it as I did (for balance to long positions)…
Over the last year we transitioned from the stock market angst of 2015 to the bullish breakout of 2016. For NFTRH, the real proof in the pudding was the ramp…
Gold vs. SPX (GLD-SPY) is breaking to new highs today. It is not a coincidence that the above chart looks a lot like Treasury bond fund TLT, as they are…
Well, here we go again. Another day, another reading below the SMA 50... in-day. Yesterday we observed the same thing, and then the market recovered (with crude oil's bounce, which…
The setup is a classic one, and it is not a positive one. What I mean is the geopolitical setup, where Syria gasses its people, the US lobs Tomahawks into…
Because as Heisenberg explains, the ramp up in crude oil happened on Saudi jawboning; and because the S&P 500 went up at the same time, seemingly in sympathy. I don't…
The US stock market and precious metals are the areas of interest because without one cracking, the other does not step forward. While we have defined an uptrend (as opposed…
An eventful day. The Trump administration is playing its cards and scaring half of the world (not just Russia) about its willingness and capability to act. This focuses attention on…
Sometimes you get nice, robotically rising markets. Other times you get some really impulsive downside that you can sink your teeth into. Then there are other times, like now, when…
Let's address the elephant in the room first. If you have been paying attention to updates I've sent recently, or worse yet, acting on them, I fully understand why you…
With the way I have felt post-flu, simpler is probably better since I have been incapable of complex thought processes. So going with that theme, it does not get much…
I had meant to put these charts up this morning before the market opened to show how various items closed March. But I am still behind the 8-ball when it…