The four major markets – SPY, QQQ, DIA and IWM began the week at the low end of their several week range’s and worked their way higher to close at their weekly highs. They’re all now closing in on their …
It seems our Economic Modern Family comprised of The Russell 2000s, Retail, Biotechnology, Semiconductors, Regional Banks and Transportation ETFs are a solid herd. Remember however, that the Chinese New Year encompasses goats and rams as well. That must explain how …
Please allow me to espouse on the state of the Fed, the market and how I sift through it all.
Concerning Federal Reserve Policy and Interest Rates, I believe the economic numbers take a backseat to the predictions the Fed …
With about an hour to go before Tuesday’s close, I tweeted that our delicate sibling, Transportation (IYT), needed to finish out the session over 124.94 or higher in order to give us a potential 2-day strong bottoming pattern after the …
Market two-faced? Wearer of many masks? Nah!!! Is it a comedy, tragedy or a little of both? Yeah!!!
What about the word "tragedy" derived as a compound of two Greek words: (tragos) or "goat" and (ode) meaning "song?"
Were our …
As a part-time actor in our local community theaters, I think a lot about the iconicComedy and Tragedy Mask. The masks were taken from Greek Mythology and were worn in the Greek theater to distinguish the different emotions of the …
“I am a lonely painter, I live in a box of paints,
I’m frightened by the devil, And I’m drawn to those ones that ain’t afraid.”
I hope my last 2 blog’s references to the devil (both from favorite musical …
Could it be that there really was “Terror at 18,000 in the Dow?”
Okay, so maybe the word “terror” is a bit of a hyperbole; but, we saw that level scraped on Monday followed by a substantial retreat from it …
With regard to the Simpson’s episode from the mid 90’s “Terror at 5 1/5 Feet", I wrote a weekend homage about the similar scenario playing out in the overall market or what we called “Terror at 18,000 in the Dow.”…
After a week we were happy that we corked the champagne and remained sober, last Thursday night I watched a rerun of The Simpsons that goes back to the 1990’s called “Terror at 5 1/5 Feet". That show was an …