Forget the Bounce
We didn’t get the free lunch rally in stocks, now we will add to short positions based on downside breakouts. We will let you know as the breakouts trigger.
We didn’t get the free lunch rally in stocks, now we will add to short positions based on downside breakouts. We will let you know as the breakouts trigger.
To the 1807-1824 area on S&P over the next 10 trading sessions.
Goodbye Ben, you lived up to the “Helicopter Ben’ name. Now the slow process of unravelling your artificial world will start, not very fast, as Janet is not far out of your pocket, but it will change. So here is…Continue Reading →
Just a few weeks ago market forecasters were looking at an economy based on a Growth Story Theme. This theme has as its basis: that the FED will not abandon its Stock Market / Asset Price Support Policy. Contrary to…Continue Reading →
This week marks 6 years under the belt for this blog, 6 years backed up by 44 years of pushing and pulling the market string. What have we learned, maybe in first place, that governments are powerful, for us starting…Continue Reading →
We believe that the market continues its topping process for the S&P Index. Yesterdays rebound and todays gap higher and new all time highs sets up even more powerful scenarios. We look for a couple of days trading within todays…Continue Reading →
Todays market took out the highs and lows of Thursday and Friday and would appear to be setting up for a lower close. Result, a classic outside day, with a lower close at a pivot point. At this point this…Continue Reading →
For the S&P index the past two days have been setup days in its chart pattern. Wednesday was an inside day, the high was lower than the high for Tuesday and the low was higher than the low for Tuesday, and the high…Continue Reading →
As the new year opens a feeling of optimism seems to encompass the markets. Corporate CEO’s, Financial analysts, and the overall consumer would appear to be feeling very good and in general see 2014 as a positive year, although probably…Continue Reading →