“Markets are not stable at all-time closing highs. Assumption-something big is coming. No sell in May, go away kind of event either.” From this weekend.
“Rising interest rates means the cost of money and credit is going up, and if …
Dow Average Closes out a super choppy week at all-time high of 16,583.34. Interest Rates and US dollarfirm. No significant phase changes in the 4 indices leaving a lot of weary traders to boot!
I have waited a long time …
“Sell the mighty or buy the meek? Buy the strong and sell the weak? Only the most experienced and flexibletraders should know what to do now.”
I wrote that last night, but that is not fair since even the most …
As if the divergence could not get any more spectacular on every level-here’s the breakdown:
S&P 500-Bullish Phase Closed Green
Dow-Bullish Phase Closed Green
NASDAQ-Strong Warning Phase Closed Red
Russell 2000-Distribution Phase-Closed Red
3 phases among the 4 indices!
What …
When we used to do a lot of sailing, before we moved to the high desert, we would look for white caps in the water as a sign to put on those life preservers and navigate for calmer seas.
Most …
With our temporary New York apartment setup, we see the mouth of all the waterways that converge in lower Manhattan before the water continues its journey to the west side up the Hudson River.
The currents change directions and run …
As you all well know by now, I have been super focused on interest rates. Last Thursday I wrote that a possible scenario would be to see double or triple the average daily volume on a breakout to new highs …
From Headlines to Flatlines. Think I need to say more? Here is my last tweet on the public stream:
At least if we had inside days setting up that would be somewhat interesting; instead we have an oxymoron-lifeless noise.
Here …
Record High Close in the DJIA!
Federal Reserve Increases the Taper
US Economy Stalls With a Flat GDP!
Private Sector Gains 220,000 Jobs!
Like those headlines? So does the market apparently as NASDAQ also closes above the range (still in …
Except for a couple of big movers both long and short, the overall market caught an early buzz then caught a lot of zzzz’s thereafter!
However, set those coffee brewers to strong for Wednesday as lots of activity is expected …