Welcome to August. In recent days I’ve been beating the drum about tech stocks and a potential peak emerging there (see Tech Alert and Peak Tech?) and so far the action still […]
The Bull Case
Peak Tech?
Big earnings reports this past week with some notable stock reactions, especially in technology. Recently, ahead of earnings, I issued a technical alert regarding the tech sector. Below please find a video […]
Tech Alert
The $NDX keeps moving from new highs to new highs driven by a narrow group of stocks. Nothing new about that as this trend has been ongoing for some time and headlines […]
Market Mysteries
Unemployment at 3.8%, earnings growth at 26%, Q2 GDP growth pegged at a solid 4% or so, $NDX and small caps making new all time highs week after week. Markets ignoring all […]
Bull Rebuttal
All fear has left markets again as markets have rallied steadily into early June. $VIX has printed an 11 handle again, tech and small caps are making new highs. Optimism is back in […]
Chop Zone
Some general chart observations for this Memorial Day weekend: Welcome to the chop zone, the place where the conviction of both bulls and bears get tested as markets relentlessly ping pong in […]
Volatility Crossroad
I received a lot of questions on yesterday’s Charts that make you go: Hmmmm. That’ll teach me to post charts without commentary 🙂 Hence let me offer some perspective on some of […]
Charts That Make You Go: Hmmmm
A couple of weeks ago I outlined the $SPX zone of 2705-2750 as a potential rally target to fill some open gaps (Market in Transition). Since then we’ve seen several rallies that […]
Market in Transition
Can markets extend and sustain new gains without a new free money carrot coming their way? Since the financial crisis bad news hasn’t mattered as markets always had the next free money […]
Actionable Trade SetUps
Our mission: Identify Actionable Technical Trade SetUps. The purpose of finding these trade setups is simple: Outline favorable trade entry points at key directional turns to deliver high returns. How to do this is […]
Financials: Chart Trouble!
What if you have a record earnings party and nobody shows up? That’s precisely the dilemma seemingly faced by the financial sector. Despite many bank stocks reporting record earnings so far (due […]
The Big Market Tops
Following the exuberance in January and subsequent corrective actions in February and March and now into April there has been a lot of speculation that markets may have topped in this cycle […]
