The most fun I have writing these dailies is when I start down a path of research that leads me not only to some substantial trading ideas to share, but also to offbeat, humorous and uniquely appropriate allegories.
17 Geek …
As the holidays approach, our Economic Modern Family wants to have a perfect family Christmas. Granddad Russell 2000 is pestering his wife, Granny Retail and his grandchildren (Biotechnology, Regional Banks, Semiconductors, and Transportation) to make sure everything is in line.…
First, some follow up from yesterday’s daily: “The most compelling one to watch is Regional Banks (KRE.) Posting a new 60 plus day low early on, and considering this is the week we should find out the Fed’s next move …
This weekend, Keith and I saw the new 007 film, “Spectre.” We both really enjoyed it, but what struck me most was the Octopus as the symbol of Spectre (not to mention the erotic dance between the octopuses and the …
According to the Hemline Theory, if skirts are short, it means the markets are going up. And if skirts are long, it means the markets are heading down.
First noted by Wharton Business School Professor George Taylor in 1926, at …
Remember the now famous line from the film The Sixth Sense, “I see dead people?”
I sort of feel that way looking at certain instruments that are arising from the dead. In other words, “I see dead ETFs.”
Of course …
When I woke up this morning, one of my 6 screens I use to watch the markets went dark. Burnt out, finito!
Guess which charts were housed on the screen that crashed-long setups for key sectors and groups.
As one …
At least one member of the Economic Modern Family took the 2 Haramis (2 inside days) seriously. Big Bro Biotechnology.
Call it another injection of B-12 or the reason IBB has Big Bro status to begin with; nevertheless, it does …
To follow up on TAN the ETF for Solar Energy. Last week saw its volume exploding to the highest weekly volume since June of 2014.
Monday, huge volume continued with another day of near 5 times the average daily.
Although …
How do Acorns, a Family’s Christmas Vacation and a Famous Russian Quote Predict the Market’s Next Moves?
To begin with: How did Commodities fare? Revisiting last Thursday night’s comments, I shall compare those words to Friday’s market action.
“ETF for …