Our job is to navigate changing markets and we use technical and macro analysis to identify major market turns amidst periods of conflicting signals, emotional markets and often high uncertainty while staying […]
License to Rally
Bear Trap
Are markets setting up for a major bear trap? Let’s explore the question. Look, I could show you a 100 charts that say the same thing that everybody already knows: Things are […]
Level Watch
Oh dear. Whatever happened to the record earnings growth story that was supposed to propel markets to ever new highs? Company after company is being taken out back and shot. Retail, banks, […]
Battle Lines
There are a lot of people expressing certainty about the rest of the year. For most the next move is higher as they are expecting a massive seasonality based rally especially if […]
Back with a Vengeance, But…
After making a dirty new low on Monday stocks roared back with a vengeance ($NDX rallied over 8% off the bottom) reaching some of our target zones we outlined last weekend before […]
The Positives
I could show you a hundred charts that say one thing: Things are terrible. But then that’s what charts are supposed to look like following a steep decline. And this recent decline […]
On Knife’s Edge
Last week’s inside week produced a massive rally off of heavily oversold conditions, but then gave a large part of the gains back, closing just above the weekly 50MA, but below the […]
New Highs or Bust
Long term market trends remain intact, yet charts indicate a market on a knife’s edge as significant technical damage has been inflicted. Markets are deeply oversold and the nature of the next […]
