Nothing is scarier then crashing markets and one can debate whether his here is a crash or not. When I look at the $VIX ($VIX Shock) and some of the asset classes […]
Navigating the Storm
$VIX Shock
Let me say up front: I’m not trying to scare anyone. $VIX 54 shock on Friday says people are already scared. My mantra remains: Keep calm. And I’m not one to scream […]
The Last Hurrah
Are markets setting up for a last hurrah? Look, I’ve made my latest technical views very clear (2020 Crash & Perfect Alignment) so you know were I stand and if course I’m […]
Perfect Alignment
Panic in the ‘save stocks at all costs’ world. Calls from the President on down demanding the Fed cuts rates on an emergency basis before even the March meeting. The G7 is […]
2020 Crash
Complacency came before the fall. All of 2019 market participants ignored the non existent earnings growth. Too strong was the now pavlovian reflex to chase easy central bank money. Too trusting in […]
The Big Calls
First rule of trading: Stay humble and don’t let a big call or trade get to your head. Second rule of trading: Don’t forget rule number one, otherwise the market will remind […]
Market Carnage
I’ll have a lot more to say on market technicals and macro in the days ahead but I wanted to share a few charts documenting the absolute carnage that markets are in […]
Binary
Several key discussion items: Is this correction the beginning of something larger to come? What’s the downside risk? What’s the long trade set-up now that markets have flushed hard? Is there one? […]
All Things Being Equal
All things being equal…this rally has been terrible. Yea, the headline numbers have been great due to the disproportional market cap weight of a few key stocks such as $AAPL, $AMZN, $MSFT, […]
It’s not different this time
It’s not different this time. It’s worse. For weeks the bull machine was relentless, ignoring everything on the heels of massive central bank intervention. The warning signs kept mounting in charts getting […]
The Turn?
Did markets just hit a key wall and are ready for a much overdue turn? That’s the question we want to explore from a technical perspective following the sudden reversal action on […]
Chipping Away
$AAPL, the largest tech stock on the planet, pounds out a revenue warning and $NDX makes new all time highs. Ha ha. Poor bears, if you can’t take advantage of the shutting […]
