Market Bias: Bullish but ready to exit Longs: CREE REGN Shorts: CROX CELG
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US Equity markets embraced a newly dovish Fed by tacking on a +1.5% weekly gain. US treasuries decided that it’s inflationary and backed off. Inflation adjusted bonds (TIPS) did well, attacking its 50-week moving average.
Meanwhile, other inflation plays such …
US Equity markets embraced a newly dovish Fed by tacking on a +1.5% weekly gain. US treasuries decided that it’s inflationary and backed off. Inflation adjusted bonds (TIPS) did well, attacking its 50-week moving average. Meanwhile, other inflation plays such …
Market Bias: Short Term neutral to Bullish Longer Term Negative Longs: BIIB CSIQ FCX Shorts: COF DIS KMX
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The showdown on the shutdown ended Friday with President Trump backing off for his demand for funding for a border wall, but just the next three weeks. US equity markets paused on their upward (+/- .26%) trajectory as US stocks …
The showdown on the shutdown ended Friday with President Trump backing off for his demand for funding for a border wall, but just the next three weeks. US equity markets paused on their upward (+/- .26%) trajectory as US stocks …
Market Bias: Short Term-bullish but running rich Longer Term: Concerned Longs: IBB SMH OIH Shorts: FDX COST NEM
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Equity markets continued their rebound last week pushing their bullish streak to 3 weeks in a row. U.S. stocks were up almost +3% for the week, and cleared their 50-day moving averages on excellent volume. This price action is bullish, …
Equity markets continued their rebound last week pushing their bullish streak to 3 weeks in a row.
U.S. stocks were up almost +3% for the week, and cleared their 50-day moving averages on excellent volume.
This price action is bullish, …
Last week we received the psychiatric report that indicated Mr. Market was suffering from Market Nervosa.
However, after this week’s session, the diagnosis has been updated, and it now indicates that Mr. Market is also suffering from a bi-polar disorder. …