The Economic Modern Family came out swinging this week, and that’s before they celebrate St. Patrick’s day!
Mish is out ill today so filling in is her family, Jonathan griffin and Keith Schneider.
S&P 500 (SPY) Back to unconfirmed Bullish …
Economic Modern Family
All said and done, the Dow is down around 3% from its all-time high. It seems fair to say that the lack of buying to keep us up at the highs or get us to new highs …
George Bernard Shaw
So have I made my point yet? The one about Sheep scattering, grazing, filling up, pooping and then scattering again? Good. Let’s put that aside now and talk about trading ranges, and leading sectors/ groups.
Beginning with …
Horace, leading Roman lyric poet during the time of Octavian
As annoying as my constant harping on the Sheep imagery related to market tone may be-I must say-it has kept me patient throughout the correction-or at the very least, given …
South Park Margaritaville Episode
Following inside day patterns in all 4 indices, they all reconciled to the downside, with certain instruments going s-p-la-t!
We have unconfirmed warning phases again in both the S&P 500 and the Dow. The Russell 2000s …
It seems safe to get back into the sheep conversation after recent activity. I titled the weekend commentary as Cast Sheep because that perfectly defined last Friday’s action (if you accept the premise of sheep in the first place.)
A …
An experienced trader never designs or alters a trading plan based on what he/she “thinks” is going to happen. Experienced traders confirm and place trades using top down analysis, market internals, risk/reward ratios, and proper position sizing.
Key is to …
I feel like the market looks-upbeat but a bit tired. Upbeat because the sectors I have been watching are holding up. Tired, because it seems that the prices in those sectors haven’t moved much as if waiting for either the …
Shepherd staff (This routine is performed with a straight heavy red oak staff)
Last night I wrote about the 5 Classic Signs of a Top (please review 03-04-15 Commentary archived on the website) with added remarks that none of those …
Captain Janeway Good Shepherd Episode 2000.
It’s tempting to remark on the potentially harmful yet more than likely ephemeral impact of speeches and economic data on the resilient market, but for objectivity’s sake, let’s just stick to the technical signals …