The S&P 500 is internally broken. You don’t see it in price yet, but you can see it in the internals. For weeks I’ve been outlining my concerns of narrow leadership in […]
Weekend Charts: Magic Show
This was a very interesting week and it provided plenty of 2 way action for traders. From a technical perceptive last week we discussed the relevance of the 21 day moving average […]
The Deflating Rally
Record prices continue to be printed on US indices as the global multiple expansion on the heels of still ongoing record central bank intervention has yet to slow down in a significant […]
It’s All About The Magic
It’s all about the magic. Firstly, following up on the Liquidity Wave: Mario Draghi followed through on his primary mission and did not upset markets. Indeed Super Mario gave the $DAX virtually […]