Does a liquidity driven momentum market that seemingly does not care about valuations, risk, open gaps and technical extensions face any resistance at all? Are there technical limits for a market that goes […]
Resistance
Market of the Gaps
The bubble keeps on bubbling, the never ending rally keeps on rallying and the charts keep getting ever more dangerously stretched. Intra-day price discovery is virtually absent as volatility remains woefully compressed […]
Watch This!
Don’t tell the complacent but the never ending rally is becoming ever more dangerous. As $ES is currently trading above 3300 it’s now not only extending over 10% above the 200MA it […]
Bitcoin: On the Cusp
Time for a quick update on Bitcoin. Following last year’s breakout out of its consolidation range following the big correction which ensued as it tagged the $20k level in 2017 Bitcoin’s 2019 […]
Mind the Gap
Amid all the ferocious market rallying there’s a gap building and nobody seems to notice, and nobody seems to care. I say: Mind the gap. The banking index, much like the rest […]
Popping the Bubble
Now that we have an open admission from the Fed that their balance sheet expansion is exacerbating asset prices and creating excess and imbalances (see Ghosts of 2000) the term bubble can […]
Technical Setup: Gold
Time to follow up on a technical set up I had posted publicly on Gold in October. Remember big swings are a journey in patience not a sprint in day trading panic. […]
$VIX 46
A brief follow up to the $VIX discussion in this weekend’s 2020 Vision market update: US markets experienced two major volatility events with $VIX running above 40 twice during the past 4 […]
Risk
2020 is off to the same start as 2019 ended: Trade optimism, liquidity injections and rising markets. I’ll offer a more in depth analysis in the days to come, but wanted to […]
It’s Not Over
Central banks came, saw, and saved everything again and set the global economy back on a path of reflation or so go many market narratives being sold to the public these days […]
MSFT Correction
Poor Bill Gates. He’s very much dedicated to philanthropy and giving away all his vast wealth, yet he can’t help getting richer every day and is once again the richest person in […]
AAPL Correction
In our new risk free market, party like it’s 1999 environment with imbalances running wild and S&P 500 price targets being raised almost daily it may be silly to speak of any […]
