There’s a lot of green on the screen today, but it probably didn’t feel like a very bullish day.
Given a very unusual bullish pattern in the QQQ, I’m disappointed that the A.M. strength didn’t hold in that index. I’ll …
Equity Markets did today pretty much exactly what they have been doing since early October, reversing big moves, especially on the opening. So here is the current winning formula …. if there is a big gap or vicious intraday move, …
At one point today, the Dow was down around 500 points.
By the time 2/3 of the day ended, the Dow went to breakeven.
At the end of the day, the Dow closed up at 245.30.
It has gotten to …
Simon and Garfunkel wrote “Leaves That Are Green” to describe losing the love of a girl as she faded into the night.
On my driveway, I found this lonely leaf that changed from green to brownish-red.
Hence, my thoughts turned …
So many are so quick to call a bottom once the market makes a new low or comes close to the recent lows, and then rallies.
When this type of trading occurs, I like to go out to the weekly …
I found this record at a flea market.
It’s an antique that plays at 78 RPMs.
I thought that the red color and the placement in a cloth sleeve could be useful to describe the market someday.
And so it …
All last week we talked about the importance of the Transportation sector IYT, as a lead indicator.
To repeat, “If IYT closed above the 50 weekly moving average, we surmised that that could be the start of a much larger …
A couple of key levels may have the bears meditating about a long sleep.
Yet, before they go into hibernation, there are also key levels that could leave them awake and refreshed come the dawn.
All this past week I …
During our weekly interview, Michael Yorba and I cover the following topics:
We answer:
Are we going to have an …
Last night, I showed you all 6 of the Economic Modern Family sectors.
I asked you if, “a rally in negative markets can yield some good short-term profits, where would be the best place to invest some?”
I suggested you …
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