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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
A bull market requiem: Following the financial crisis the world needed coordinated structural solutions (and those would be hard requiring tough choices). Instead what the world got was coordinated central bank intervention […]
Markets are in technical trouble and only sustained new highs across the board can avert a larger summer/fall correction. And time is running out as the traditional positive seasonal window will come […]
Quick post here to follow up on some index charts I posted this weekend in “Who’s Lying?“. I’ll just post the index charts below, you have the context in this weekend’s article […]
It was a good week to be bullish and the buying was ferocious and on the surface it appears that bulls won a major victory and bears look to have flailed again. […]
What Correction I asked yesterday as many key stocks and indices don’t show any correction on longer term time frames so quickly came the bounce erasing virtually all losses. But the quick […]
