I for one, am thankful for Thursday’s action, other than having to endure tweets by all the “smart” analysts who “knew” this was coming, even though most were merely “talking” the divergence train and not so clear about what it …
Fascinating look at the levels/gauging strength/weakness
…
Bears and bulls frustrated-perhaps the Wolves of Wall Street will fare better tonight for the full moon!
Back to an unconfirmed warning phase in NASDAQ. The small caps continue their distress. The 200 DMA may not mean as much as …
In this market, strategy is EVERYTHING
…
In this market, strategy is EVERYTHING
…
Like counting sheep-here are the thoughts in my head each night:
After an initial scare, most major bull markets in U.S. equities also occurred during periods of rising interest rates, which of course hasn’t really happened yet, (market seems to …
Even the most experienced traders need reminders
…
“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 …
Will Monday's phase changes stick?
…
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 …