In this market, strategy is EVERYTHING
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In this market, strategy is EVERYTHING
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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
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“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?
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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 …
Our 3 "Tells"
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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 …