Early trading today shows that we may be seeing the breakout from the top formation that keyed on the August 7 market action. Apple and Walmart Diversion Watch the Wall Street Diversion effort going on today with Apple and Walmart…Continue Reading →
The hype, the manipulation, the lies. It’s a strange quiet morning. Is this how the market rolls over after all the turmoil since January 2018. It is almost like the election will just be a confirmation of a new world….Continue Reading →
What are we talking about ? The market decline over the past 9 days. First what CNBC and other market media likes to say, it is about the fact that the President and Congress cannot agree on further stimulus. That…Continue Reading →
Here are my brief thoughts: Fed Highlights today 1. No ZIRP inclination 2. Higher inflation goal 3. Stimulation needed for economy What Really Happens 1. Debt in charge, FED, Fiscal, and Zombies 2. Yield curve steepens 3. Growth will remain…Continue Reading →
No new info to add. We will be adding a short unit later today or tomorrow in anticipation.
After rollover of the past two weeks, and the setting of the sell signals we are seeing a little bounce up in stock prices. The main thing that we are focusing on now is the projected hard down period between…Continue Reading →
In a sense we are seeing the Trump Chickens come home to roost. The tax cuts, the debt, the tariffs, the manipulation of paper assets, everything that he has done has been designed for headlines, not baselines. Sad to say…Continue Reading →
We are in the watching mode as this top continues to evolve. It has has building for over a month, since August 7.
are broadening the top while they a clawing for a bottom.
Here at ten minutes to the close, no big sell confirmation yet, we are still trading the short indication off the pattern since August 7. Will sell more when we get the trigger signal. If I had to estimate I…Continue Reading →