Entries by Alex - Chart Freak

Post Fed Rainbow -Where’s That Pot Of Gold?

September 27, 2018 in /by

I was actually on the beach today and a storm started to roll in.  We got a beautiful Post Fed Rainbow, but I'm still looking for that Pot Of Gold.  Let's do a Post FOMC Market review...

.

 

SPY  INTRADAY FED REACTION -  We have discussed that the Knee Jerk immediate reaction after the Fed is often a false move.  Notice the reaction in the SPY at 2 p.m., as it ran higher, and then the directional change that followed.

 

 

SPX DAILY -  The MACD confirms that the recent high was weaker, and we are due for a DCL. Watch the 50sma for a break down or support.

 

Read More

Enjoy The Ride, But Remember The risk

September 21, 2018 in /by

After a quick review of the Markets,  we'll discuss some new stock picks in various sectors and also our risky high fliers that have really been giving us a lift. As the Theme Title says,  'Enjoy the Ride , but Remember the Risks'.

.

SPX #1 - Likely the upside target before a drop into that dcl.  Train Kept on rolling...

Read More

September 20th

September 20, 2018 in /by

Yesterdays report actually had 46 charts in it, and the ones  prior to it had many stock picks as well as the market review too. This is an important report, so I want to keep it a bit shorter than the past reports, to keep it simple.  It has 23 charts ( Edit: Plus 2, I just added 2 more)   🙂

.

 

 

DJIA - We see follow through in the break higher by the DJIA.  This is bullish, but..

Read More