Frankly, it seems that the market is feeling the way I did after listening to our soon-to-be new president yesterday. I sat there with my jaw hanging open in amazement…
Okay, a giant Vampire Squid is probably not aware of a tiny little plankton-like organism in the waters in which it swims, but our target for the S&P 500 has…
From last night's update: With a failure, I’ll try to go net short or simply sidelines. With a breakout, net long. All the while, until the correction is broken to…
Gee, go figure. There is the gap up (as was noted in pre-market) and sure enough, there is the orderly looking flag down to potentially fill said gap. It's better…
It's pretty simple. The US market is about to gap up to start the year, and it will be right at short-term resistance if/as it does so. S&P 500 Futures...…
We have been noting that the US stock market is bullish and that it is also at high and increasing risk. I kept positions because of the bullish technical trend…
This monthly chart is weird because I have absolutely no idea why or how it works, but it does work. I can't even remember where I found this, but it…
It appears that the little hiccup is behind us and the market's bullish technicals and price are enticing the little guy not to be so skittish. The new leg up,…
As the dust settles I want to make a few notes about the last week and about where markets stand as of now. Our general picture has been that the…
The post-election pop in market leaders like the Semis and Small Caps is easing, as expected. In fact, the Semis are flat out dropping hard to what could be a…
US Stock Market Considering that these two items are 'in the mirror' to each other (i.e. I expect one to top before the other bottoms), let's review the state of…
I want to give a snapshot of where various items are at now that we've had a week of upward moves in some items and downward moves in others. While…
There are more Trump Towers being erected by certain indexes (ref. Uncle Buck's pants tent noted yesterday in an HUI update). As an aside, say what you will about the…
Junk is breaking down. Junk vs. Treasury and Investment Grade is weakening today, not furthering yesterday's upside momentum. The above show a chink in the armor of the risk 'on'…