On January 23rd, I wrote the following:” What I discovered today, will unequivocally help you determine if not the top of the market, at least a major inflection point for a correction.”
It all started with SPY breaking a 20 …
I did not want to bring up the new Chinese Astrological year, still 2 weeks away, until it got closer.
However, since the prophecy of it is now eerily accurate, the time to point out certain potential trends is nigh.…
Recently, we went to see Marty Stuart and His Fabulous Superlatives in concert.
We can surely use fabulous superlatives to describe how much fun we had.
Similarly, the market engenders some fabulous superlatives.
A superlative is an adjective to describe …
I’m sure you have heard the saying, “Try doing it in heels!” How about try horse-riding sidesaddle?
Many successful women not only have to work harder to prove themselves in a man’s world, but they must also look good doing …
Now that the short-term floor trader pivot panned out so well, what do we look at next?
After 20 days of closing above S1, yesterday the S&P 500 closed below it.
Today, it gapped below S1.
We have a confirmed …
Today’s headline on Reuters: “U.S. consumer spending rose solidly in December as demand for goods and services increased, but the gain came at the expense of savings, which dropped to a 10-year low in a troubling sign for future consumption …
The Crystal Ship-a classic by The Doors, begins with the line, “Before you slip into unconsciouness, I’d like to have another kiss…”
Could you hear traders singing that line to the market as last week ended?
In three-part harmony no …
Last night I asked, “Does that make NASDAQ, Semi’s and Transports anomalies or harbingers?”
Reason being yesterday’s break of S1 or the daily pivot support point.
Today, Semiconductors and Transportation continued to decline while QQQs, IWM and SPY did as …
There’s breaking a major pivot or moving average intraday, and then there’s breaking those levels on the close.
Today, after our unusual micro analysis of S1-the point that the S&P 500, NASDAQ and the Dow have not closed below at …
What I discovered today, will unequivocally help you determine if not the top of the market, at least a major inflection point for a correction.
The Rorschach test is a pychological test that uses inkblots to examine a person’s personality …
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