At least the run at the end of last week did not look like a blow off rally! In fact, it was surprisingly orderly. The jobs report was icing on the cake, but more importantly, what does the strong dollar, …
The big news is that the small caps, Russell 2000s, closed on new all-time highs! As did the Dow! And as I wrote earlier this week, with the new found euphoria, overbought conditions were not as important as they might …
Thorough look at a very important layer plus sector rotations
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Dow makes another new high but on pretty light volume and without the cooperation of NASDAQ. Is AAPL the culprit there or is the market once again, in for another major rotation of the industry groups? The Russell 2000 or …
Managing the existing positions and having a plan for any new ones
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Dow closes in triple digits and on new highs! So, if we piece it all together: the bull phase, the correction that maintained the phase, the first to negate bearish candles near the highs, the strength of many of the …
What to hold for mini or hybrid, what to hold for swing and why
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Well look at that- S&P 500 cleared the nasty candle high from 2/28-in fact, one week ago today! However, the Russell 2000 could not nor NASDAQ. The Dow, on the other hand, which has a very different looking chart, looks …
The picks, the type of trade and why
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Hard to be too upset with anyone right now. And honestly, not great state of mind for objective trading anyway! The nagging candles at the recent highs are still in sight, but that's the rub-they are in sight and not …