Traderline
A time to Settle In
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 →
Dow Jones Crash, Conflicting Inputs Today
The stock market feels heavy today, Yet it seems to be holding its own for the moment. My view, the market has two hopes (both of which I believe will unravel) that it is trying to hold onto: it still…Continue Reading →
Dow Jones Crash, Final Setup
Talk About the Dow While everyone talks about the Dow, the S&P is where the signals are generated. Analyze the S&P We look for a tight range ending quickly into maybe mid-September or maybe tomorrow, with the S&P flipping around…Continue Reading →
Hype, Hope, Complacency
HHC is viral today. Hype, Hope, and Complacency. This is a time for traders to be vigilant, be out of the market, watch for signs of cracks and then pounce. The S&P and VIX are key here with the S&P…Continue Reading →
Scenario is on Cue
The factors we outlined yesterday are in play. The Bulls are showing their long term cards in terms of their lack of patience and fear of missing a bottom. That provides short term volatility and weakens the prospect of sustaining…Continue Reading →
Has Trump met his Match ?
Someone crazier than him. We expect the unexpected. This week will be a great staging period. Hold on to your seat. In the meantime, we will be getting out of long dollar positions this week, not waiting for the 97.00…Continue Reading →
Yesterday’s Comments are on the Mark
The overnight S&P high of 2675 completes the rally. Plus a tell tale sign, the interest rate yield curve flattened on this two day bounce. At 10;35 AM CDT, More information on Pieces to the Puzzle. This is our proprietary…Continue Reading →
Waiting for Bigger Things
The Level of Madness The market for the past few days has been marking time as everyone tries to assess the state of the madness. The Macro feature “The Fracture” (decline in stocks, rally in gold and bonds) is building…Continue Reading →
A Tentative WayPoint
It looks to me like the main point at the start of this week, is that virtually no one thinks the recent highs are a top. That is important. After all the fear and volatility of the last 7 trading…Continue Reading →