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 […]
Charts That Make You Go: Hmmmm
A Wrinkle in the Rally
There’s a wrinkle in this rally. A couple actually. Perhaps they mean nothing as nothing ever matters, perhaps they mean everything. While markets are continuing to see an incredibly strong bid there are […]
Consensus
The Evil Clown Scenario
Weekend Charts: Rollover
Stocks rolled over on Friday and the context matters. And the context was good news in jobs was bad news. The market is sending one message loudly and clearly: It does not like coming […]
Weekend Charts: Something Big Is Coming
We’re about to see something very big. When I say “about to” it could be next week or it could be in 6 months. I frankly don’t know and if I’ve learned […]
Weekend Charts: Chess Game
Don’t let anyone fool you: Markets are not making it easy for anyone here. Traders and investors alike have to constantly evaluate the risk/reward equation in a market that moves now wildly […]
High Risk
Will David Bring Down Goliath?
Hang’em High
Baby Steps
Worshippers of the Sun
