I see the world is fearless again. The higher we go the more bullish people become. The same people that were bullish (and wrong) last year are bullish again and as prices […]
At the time of this writing US markets are up 9 weeks in a row following the December lows making for risk free markets since Jay Powell famously caved on January 4th […]
A rally that has largely been driven by central bankers turning dovish and a daily dose of China hopium headlines has run into trouble this morning as retail sales have stunk up […]
Markets are red hot, but it keeps getting downright frosty in macro land. Bulls will say none of this matters because an easy Fed trumps fundamentals. And that may turn out to […]
$VIX 50+ Target. Do I have your attention? What I’m about to share is not my chart, it’s the Vixen’s chart. And when she posts charts of the $VIX I’ve learned […]
One down day a bear market does not make, but I’ve been analyzing a lot of market structures lately and have been outlining some of them in context of larger counter rallies […]
From panic to greed in 6.5 weeks. Markets are racing toward their 200 day moving averages following a 400+ handle rally on $SPX off of the December lows. What do the signal […]
The bulls are back. $SPX up nearly 8% in January and nearly 14% off of the December lows. What slowing global growth? What reduced earnings expectations? Trade wars? Who cares. It’ll all […]
The bull case is now obvious, easy Fed and a prospective China deal. What about the bear case? After all $SPX remains below the 200MA, and below the monthly 15MA and is […]
Mella sent the post below to clients earlier in the month and highlights a critically important charting lesson: How to utilize $VIX and other volatility products to signal not only coming risk […]
I got a freak chart for you that’s stunning, but bear with me here because it requires some background and patience. Most of us are focused on the daily or weekly action […]
I’ll provide a more in-depth technical update over the weekend, but just some quick thoughts and perspective as we are witnessing this melt-up during this OPEX week. My main message: Stay Alert. […]
