Is Boeing the most dangerous stock out there? Is it a major threat to the current market rally, specifically the $DJIA? No I’m not talking about Boeing’s fundamentals. The company looks to […]
Boeing Danger
Monthly Charts
Near the December lows markets were vastly oversold and deeply disconnected, a rally into early 2019 made perfect sense. Seeing MA reconnects, alleviate oversold conditions. The question was always: Was December a […]
Dow Wow
The $DJIA got to within 3% of all time highs yesterday. Quite the feat from being down 20% off the highs just 9 weeks ago. Credit where credit is due: Jawboning works. […]
Highway to the Danger Zone
On Thursday markets nearly broke their uptrend from the December lows, but once again a magic Friday overnight gap up driven by renewed hopes for an imminent China-US trade deal and supported […]
Warning: Complacency
I see the world is fearless again. The higher we go the more bullish people become. The same people that were bullish (and wrong) last year are bullish again and as prices […]
The Lost War
At the time of this writing US markets are up 9 weeks in a row following the December lows making for risk free markets since Jay Powell famously caved on January 4th […]
Watchlist
A rally that has largely been driven by central bankers turning dovish and a daily dose of China hopium headlines has run into trouble this morning as retail sales have stunk up […]
Macro Frost
Markets are red hot, but it keeps getting downright frosty in macro land. Bulls will say none of this matters because an easy Fed trumps fundamentals. And that may turn out to […]
$VIX 50+ Target
$VIX 50+ Target. Do I have your attention? What I’m about to share is not my chart, it’s the Vixen’s chart. And when she posts charts of the $VIX I’ve learned to […]
Resistance
One down day a bear market does not make, but I’ve been analyzing a lot of market structures lately and have been outlining some of them in context of larger counter rallies […]
Signal Charts
From panic to greed in 6.5 weeks. Markets are racing toward their 200 day moving averages following a 400+ handle rally on $SPX off of the December lows. What do the signal […]
Fool Me Twice
There’s no risk of a recession. Everybody says so. Fed Chair Jay Powell says so. Mario Draghi says so. The IMF says so. There seems to be a lot of coordinated certainty […]
