Slow Boiling Bull Frogs
The following is part of the Market Sentiment segment of this week's edition of Notes From the Rabbit Hole, NFTRH 498. I've given it a funny name that would be…
The following is part of the Market Sentiment segment of this week's edition of Notes From the Rabbit Hole, NFTRH 498. I've given it a funny name that would be…
Yup, I said I am short Semis and Tech, but I am much longer the market. Remember, I am not one of you fancy traders; I am a portfolio twittler.…
Well, to answer the closing thought in this morning's post... So anyway, we’ve got a pretty good jump in the VIX and we will soon see if it is the…
We have had an ongoing theme in NFTRH tracking how the market periodically gets the jitters to just enough of a degree as to reset sentiment on the micro-term in…
So, is this just another spike that will refresh the bull or is it the start of the real thing? Here's the weekly view. It does not look like the…
In NFTRH 461 last weekend we reviewed plenty of reasons why the market would probably put on a bounce in the micro-term. Among the reasons was this little treat from…
Well, it's something for the bulls anyway. The gap down on whatever was pleasuring the market in mid-late April has now been closed and is out of the way. I…
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…
On Monday we noted that while the market was getting skittish and the VIX was up 17%, the VIX had done nothing, as far as indicating a bearish phase was…
I think it's an over valued, over hyped market running on 'hope' of a different kind than over the last 8 years. I'll save the long list of things that…
The time to be getting afraid was when the market ramped and sentiment was pinging to over bullish after the Brexit sentiment reset to over bearish had sprung the rally. …
Yesterday’s hard reversal of Tuesday’s bullish move was an unpleasant development for the bulls but this morning, plucky as ever, they are back at it trying to bull the market again (SPX +13.50, NDX +27.50, Dow +87).
Recall that we were using the EMA 20s (orange dotted line on SPX and blue lines on NDX and Dow) as a key for the short-term. On Tuesday SPX and Dow popped above the EMA 20 but the NDX stopped right at it. NDX is a leader.
I am seeing more and more analysis reporting things like 'my proprietary indicators have gone positive' or 'market risk has now cleared according to my indicators' and so on and…
Being a visual learner (as opposed to a facts and figures learner) I always like to look at the market's pictures in order to tune out idiotic and/or emotional headlines.…