Feeling Manic?

We have been talking about how bullish the US stock market is.  It has been bullish uninterrupted for most of 2016 and that includes the Brexit buying opportunity.  We then…

Comments Off on Feeling Manic?

US Stock Market, Big Picture View

Because perspective is everything, let's once again get some big picture perspective... S&P 500 is outside the lower fork line (again the Fork being a novelty, but the line being…

Comments Off on US Stock Market, Big Picture View

US Stock Market, Monthly Charts Updated

On a morning when MarketWatch is on the job promoting the recent volatility with this goofy headline, The pattern that signals a potential 25% plunge for the S&P 500 by…

Comments Off on US Stock Market, Monthly Charts Updated

The Stock Market is Not Nearly Broken

Much like with the gold stock sector, there was support and then there was best support.  SPX failed support today in grand fashion as it lost the 50 day moving…

Comments Off on The Stock Market is Not Nearly Broken

NFTRH; US Index Bounce Parameters

Since the market is up handily in ‘pre’, I wanted to get you a look at what it would take to negate the technical damage of the last 2 days, with very simple daily charts of the headline US indexes (plus the SOX).  This can be applied generally, to any index or stock for that matter.  As of now in pre-market, these items are still well below key resistance levels.

(more…)

Comments Off on NFTRH; US Index Bounce Parameters

US Stocks and Precious Metals

Having fun yet?  If you are a bull or a bear you have probably been annoyed plenty lately as SPX builds out a cute little H&S pattern and chops everybody…

Comments Off on US Stocks and Precious Metals

NDX and SOX, a Roadmap

NDX is in a sloppy looking pattern, is dropping into a support zone and needs to hold the moving averages to avoid going from sloppy to bearish.  Captains like Alphabet,…

Comments Off on NDX and SOX, a Roadmap

NFTRH 384 Out Now

Just another in a continuum of reports that have been in line with a macro theme seeing a loss of momentum in the US stock market and potential bottoming in…

Comments Off on NFTRH 384 Out Now

NFTRH 379 Out Now

From 2012 to 2014 we had robo-market, grinding upward as hedge funds, diversified asset allocaters, stock pickers and yours truly under performed a simple 'set it and forget it' (by…

Comments Off on NFTRH 379 Out Now

Market Swing Management (NFTRH 378 Excerpt)

The following is the opening, introductory segment from this week's edition of Notes From the Rabbit Hole.  After setting these general ground rules for swing trading this market, NFTRH 378…

Comments Off on Market Swing Management (NFTRH 378 Excerpt)

NFTRH; US Indexes Updated

Using our simple daily chart I want to get you a look at the status of SPX, NDX and Dow.  I have shaded the key levels from the August and…

Comments Off on NFTRH; US Indexes Updated