Market Bias: Neutral, but looking for a bullish transition. Use teh range of Monday and Tuesday to determine the direction for after the election. Longs: NOC FTI SMH KRE IYT Shorts: TSLA MYL COST
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Investors Could Sure Use a Market Whisperer I’m not sure who approached who more cautiously. The horse or me. I made the first move. I held my hand out in a gesture of friendship. In turn, the horse put her …
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For most of September and October, I reinvented creative ways each day to say the market was in a trading range. Since Monday, when the trading range broke to the downside, I have another no less creative or inventive task. …
The Market's Trail to the White House One of the best known and most dramatic Anasazi cliff dwellings is the White House Ruin located in Canyon de Chelly National Monument. Named for the white plaster that decorated a long wall …
Nature Erodes; The Market Corrodes What’s the difference between a cavernous hole in a mountain made by Mother Nature and a cavernous hole in the market made by understandable jitters? A hole made by Mother Nature occurs over hundreds of …
Market Bias: Neutral with more concern about a market breakdown than missing a move up. Longs: ADSK XLU KORS STLD SAVE Shorts: PCAR KSU MYL
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A Giant Rat: The Market’s Unexpected Trick or Treater Last Thursday night, we saw vampire bats overhead as we thought about the possibility of stagflation-the terror and awe of it. Early Friday, a better than expected GDP of 2.9% helped …
SPY Longs: TRIP LGF GLD Shorts: PM TSLA
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Stagflation: Terror and Awe I suspect most of you have never looked up to see a throng of vampire bats overhead. Please imagine if you will, what emotions that sight might evoke. Terror? Awe? Both? Now substitute bats flying overhead …