Stocks got smacked on Friday as a result of whole host of unfriendly news - China raising margin requirement, increased concerns over Greece’s financial condition, higher than expected CPI data, lower than expected revenues at American Express, and more. Those …
Commentary and analysis by Jonathan Griffin and Geoff Bysshe while Mish is away until April 20th.
Yesterday’s question was “is a 2 day rest enough?” and today it seemed to be enough for the IWM to breakout to another new …
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Commentary and analysis by Jonathan Griffin and Geoff Bysshe while Mish is away until April 20th.
The double doji pattern in the IWM describes the market well – undecided.
The last two days have been a mirror image of each …
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For what it’s worth Mondays have been a high probability day for the Bulls for most of this year and today seemed to be following that trend in the morning. Unfortunately even IWM breaking its all-time high levels could not …
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 …
Trading range, skittish moves point to yes!
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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 …