The market wants to rally to the S&P 2722 to 2778 area, but has no reason, first stop on this dream is 2576. The Main Takeaway I would suggest that readers go back and look at: The March 27th post,…Continue Reading →
Big Picture Now that the end of quarter adjustments are behind us I think we will see things settle in. Everyone knows the economic numbers over the next six months are going to be challenging. At the moment it appears…Continue Reading →
The Current Investing Environment The Current investing environment will test all of us. I can see that we are getting a lot of new activity on the site in the past few weeks. That is good. To the extent that…Continue Reading →
Big Picture First, we all need to recognize that this is becoming a humanitarian crisis, no longer a market. So I would say this is a high risk investing environment. I don’t know if it is worth the risk to…Continue Reading →
As we said in our special Sunday post yesterday, everything has changed but the S&P stock market is close to cleaning out for the near future. The government is starting to throw a lot of money at the market so…Continue Reading →
Investor Lockup At times like this when many investors are locked into inaction, it may be a good thing to look at the macro puzzle illustrated in the chart below. S&P and 10 year interest rate Relationship This chart which…Continue Reading →
Short S&P Position For a little over two years we have bought leveraged short stock ETF’s SPXS and SQQQ during weeks when the weekly RSI was over 66.0. For regular subscribers you know the reasons, for new subscribers, please feel…Continue Reading →
We just saw a Historical Event We just saw a sad and historical event in investing history. What we have basically seen is a price capitulation of a long squeeze in the stock market run by the administration of the…Continue Reading →
What is a “O” market? Best way to visualize this is to contrast it with the highly touted “V” bottom on CNBC. The “O” pattern is best visualized as a rolling ball with segments falling off on each rotation of…Continue Reading →
Stock Markets Down Early Stocks were down 7 percent early today, our 3X Short ETF up 21 percent. This was a good place, 2722 level on the S&P mentioned a few days ago, for very short term traders to take…Continue Reading →