Will the market drink pulp fiction or the real juice?
It seems a hard case to make that the market has bottomed. Given the issues with the Granddad Russell 2000s and Granny Retail, best we can say right now is …
The best part of last week is that we now have a 10-day trading range for January. This means we can use the low set on Friday as THE LOW to trade against. We can use the high set on …
Last night, I included 4 “tells” that would help me (and hopefully you as well), determine if the worst is over.
Let’s review:
If you believe that amidst the bloody falling knife of the Russell 2000 there’s still a reason to pop a cork on a vintage bottle of wine, Nasdaq is the best potential fruit of the vine to imbibe.
Furthest from …
NASDAQ is like the sexy single aunt who comes to visit the Economic Modern Family, seducing them all into thinking they too have sex appeal.
When QQQs come around, the family start to compete for her attention. Then, after she …
Waking up to the news of David Bowie’s death saddened us all. It also served as a somber reminder that life is truly ephemeral.
Perhaps fortuitous and certainly in context to the end of a life, I spent the day …
After last week’s market demise, I decided to take a quick inventory of the 6 phases and which instruments remain in positive ones versus the plethora of ones in bearish phases.
Furthermore, I did another quick inventory of those instruments …
In 1962 Peter, Paul and Mary recorded the song “Where Have All the Flowers Gone?”
Written by the late activist Pete Seeger, he repeats the question of where have all the flowers gone, substituting flowers for young girls, husbands, soldiers …
As some of our Economic Modern Family members get closer to their 200 week moving averages (or the 4-year line in the sand that many economists watch), I took a look at the 4 accepted business cycles along with the …
The question raised on whether two essential members of the Economic Modern Family resolve as a triple bottom or giant bear flag continues to resolve.
Whether Granny Retail (XRT) who has hobbled, limped, laid down and crawled back up again, …