Market Bias: Negative short to intermediate term Longs: BEN OI Shorts : AAPL SMH
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The outbreak of a nasty virus that started in China has spread from animals to humans and now the financial markets. Equities actually sold off, hitting Mainland China, Hong Kong and Taiwan the hardest. Not surprising, since those markets have …
The outbreak of a nasty virus that started in China has spread from animals to humans and now the financial markets. Equities actually sold off, hitting Mainland China, Hong Kong and Taiwan the hardest. Not surprising, since those markets have …
Market Bias: Neutral but can flip quickly Longs: NEM JNPR Shorts: IR HON
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US Equities made mincemeat (for those vegans’ please substitute meat with a BYND burger) of the bears as last Friday’s bearish engulfing pattern failed with equities again roaring to new highs.
All key U.S. equity indexes are now up on …
US Equities made mincemeat (for those vegans’ please substitute meat with a BYND burger) of the bears as last Friday’s bearish engulfing pattern failed with equities again roaring to new highs. All key U.S. equity indexes are now up on …
Market Bias: Bullish but running very rich Longs: MRO FDX Short: JPM
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US Equity markets rejected a gap to new highs and closed on Friday with a bearish engulfing pattern. Engulfing patterns are notoriously unreliable except when they are not. This is similar in concept to the October seasonal where several devastating …
US Equity markets rejected a gap to new highs and closed on Friday with a bearish engulfing pattern. Engulfing patterns are notoriously unreliable except when they are not. This is similar in concept to the October seasonal where several devastating …
The new decade started on a tear with U.S. equities (led by the NASDAQ 100) making all-time highs yet again, but it backed off by Friday’s close. The retracement was in response to news of President Trump ordering the killing …