Asides

IT'S A BULL MARKET

The Run to 3,200 is Now Underway

Stocks broke upwards last week from the consolidation pattern we’ve been watching. Both breadth and credit suggested this move was coming. Stocks had some catching up to do and if…

IT'S A BULL MARKET

How to Play the Coming Blow Off Top

Stocks broke upwards last week from the consolidation pattern we’ve been watching. Both breadth and credit suggested this move was coming. Stocks had some catching up to do and if…

IT'S A BULL MARKET

The S&P 500 is Going to 3,400 If Not 4,000

Stocks hit upper resistance on Friday and rolled over. The decline wasn’t particularly strong however so the door remains open to a breakout to the upside here. Support (blue line)…

IT'S A BULL MARKET

Stocks Are Preparing For a Blow Off Top

Stocks broke the all-important level of 3,000 on the S&P 500 yesterday. The market is now forming a triangle formation. The breakout is likely to ultimately be up. Breadth leads…

STOCK COLLAPSE?

Is the Bloodbath Finally Here in Stocks?

Yesterday’s drop did a lot of damage to the rally. Stocks broke down in a big way. As I write this, they’ve broken their bearish rising wedge (blue lines) and…

IT'S A BULL MARKET

The Fed Is Losing Control of the System Again

That’s THREE strikes against the Fed. The Fed cut rates again in September. At this point, trying to keep track of the Fed’s reasoning for monetary policy is all but…

IT'S A BULL MARKET

Warning: The Market is on VERY Thin Ice

Yesterday’s drop did a lot of damage to the rally. Stocks rolled over after hitting resistance (red line). They also broke the bearish rising wedge formation they’ve been forming over…

IT'S A BULL MARKET

Buckle Up, It’s About to Get Ugly

Yesterday’s drop did a lot of damage to the rally. Stocks rolled over after hitting resistance (red line). They also broke the bearish rising wedge formation they’ve been forming over…