Stocks rallied hard yesterday, but failed to break above resistance (red line in the chart below). This suggests that the rally is tired and due for consolidation. We have had…
The Fed lied to us. If you’ll recall, on March 23rd 2020, the Federal Reserve stated that it would begin buying both U.S. Treasuries and corporate bonds with unlimited funds. The announcement…
The Fed lied to us. If you’ll recall, on March 23rd 2020, the Federal Reserve stated that it would begin buying both U.S. Treasuries and corporate bonds with unlimited funds. The announcement…
Stocks have fallen to test support. The rising bearish wedge formation (blue lines) everyone has been tracking broke late last week. The S&P 500 has now fallen to test support…
Stocks have fallen to test support. The rising bearish wedge formation (blue lines) everyone has been tracking broke late last week. The S&P 500 has now fallen to test support…
Stocks have fallen to test support. The rising bearish wedge formation (blue lines) everyone has been tracking broke late last week. The S&P 500 has now fallen to test support…
The stock market managed to break above its 61.8% retracement briefly yesterday. From a technical analysis perspective, breaking above a 61.8% retracement usually means that the rally is no longer…
The stock market managed to break above its 61.8% retracement briefly yesterday. From a technical analysis perspective, breaking above a 61.8% retracement usually means that the rally is no longer…
The market is now approaching “the line in the sand.” That line is the 61.8% retracement of the March meltdown. As Bill King has noted, a big problem with major…
The market is now approaching “the line in the sand.” That line is the 61.8% retracement of the March meltdown. As Bill King has noted, a big problem with major…
The market is now approaching “the line in the sand.” That line is the 61.8% retracement of the March meltdown. As Bill King has noted, a big problem with major…
As I keep saying, it doesn’t matter what we think… it’s what the market thinks that matters. Personally, I think it’s insane that the Fed has nationalized the entire debt markets. Similarly, I think…
As I keep saying, it doesn’t matter what we think… it’s what the market thinks that matters. Personally, I think it’s insane that the Fed has nationalized the entire debt markets. Similarly, I think…
As I keep saying, it doesn’t matter what we think… it’s what the market thinks that matters. Personally, I think it’s insane that the Fed has nationalized the entire debt markets. Similarly, I think…
It is looking increasingly as if the bottom is in. At the March lows, the percentage of stocks trading below their 200-day moving averages hit levels associated with major bottoms (think 2002…
It is looking increasingly as if the bottom is in. At the March lows, the percentage of stocks trading below their 200-day moving averages hit levels associated with major bottoms (think 2002…
It is looking increasingly as if the bottom is in. At the March lows, the percentage of stocks trading below their 200-day moving averages hit levels associated with major bottoms (think 2002…
“The question is not which woman is the most beautiful but which woman everyone else will think is the most beautiful.” The man in front of me is a billionaire…
“The question is not which woman is the most beautiful but which woman everyone else will think is the most beautiful.” The man in front of me is a billionaire…
“The question is not which woman is the most beautiful but which woman everyone else will think is the most beautiful.” The man in front of me is a billionaire…
