Written last week, “Granny Retail XRT continues to have my attention. I will follow her. Over 80 I am all in on a bull run in equities. Under 70, I am cautious, if not bearish, in equities.”
I wrote this …
After a very busy week and a Fed pivot, this is a good opportunity to step back and examine the performance of the Family.
We will also look at Bitcoin, 2 commodity index funds and long bonds.
The intent is …
Are we over the hump?
Those of you who do not look at X, here is a great summary of today’s FOMC by the Kobeissi Letter:
Look at the headline of this chart and you can see that global FMS allocation to commodities is at a 7-year low.
This is fascinating, particularly the day before the FOMC meeting and after an increase in M2 over the …
Every week we review the big picture of the market's technical condition as seen through the lens of our Big View data charts.
For Technical Monday, I want to focus on 3 key relationships ahead of this week’s Federal Reserve …
I enjoy sharing with you, my new and devoted readers, the notes I send out to media producers.
In this case, I share my notes with a follow up of how the main themes played out.
Then, I map out …
Looking at the daily S&P 500 chart, we can see we are sitting on the hump this fine Wednesday.
By the hump I mean that given the negative sentiment to start the day, SPY rallied and closed just above the …
Over the weekend I showed you a weekly chart of Bitcoin.
That chart showed how clutch this week would be for the coin as the price held the 50-week moving average and needed to continue to do so.
For today, …
Over the weekend I wrote,
“Bulls want to see IYT hold above its 50-WMA. Otherwise, we believe IYT can get closer to the 200-WMA, but it will not fail it again.”
As Monday began, the first green day in September, …
Is September scaring you enough?
After all, the month started out shaky and ended the first week worse than it began.
Does this mean we are headed for a much bigger fall?
Some analysts are saying that we can expect …