“So one thing you should know if you are a consistent reader, EVERYTHING needs confirmation with a second day. Tuesday action no exception. Both IWM and QQQs closed pretty much right on the fast moving averages. Recoverable if they can …
Summer light versus Winter shade the title of Monday’s daily. Tuesday night I quoted Led Zeppelin withMany Times I Loved, Many Times Been Bitten.
Now, is it me, or are those titles downright prophetic? Or maybe it was China, and …
Like INTC, these can be super powerful long term trades
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Rather dull beginning of the week in the indices. No deal breakers to speak of. The Russell 2000s held support as did NASDAQ, the Dow and the S&P 500. Notable could be NASDAQs inability to clear 92.80, a relatively solid …
Good when market is experiencing diversion
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We started last week focused on the small caps and we ended last week equally focused there. Our friendRussell, made quite a splash with lots of overhead to clear should the ignition continue.
I really like when an instrument (IWM) …
Commodities were all the rage on Thursday-gold (21st biggest move ever!), silver, sugar, gold miners, to name a few. Interest rates firmed with the long bonds back challenging the 50 DMA.
Equities were relatively flat with some profit taking in …
If the reason you got in no longer working, then exit
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The Russell 2000s, featured in last two night’s daily, delivered. But, so did the S&P 500, NASDAQ and theDow. Have I said “rare summer rally” lately?
Yesterday I wrote about China, that I was watchingeverything China-the ETF, their major momentum …
Especially interesting on FED days
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