After the closing bell Thursday we had a number of companies release their earnings reports. Some of the Big companies like GOOGLE, AMAZON, MICROSOFT, FIRST SOLAR, etc were among the group and received positive reactions, with their stocks shooting up in after hours. Will this usher in the next leg up in the markets ( […]
Are the markets starting to roll over? If so, will it be a deep dip, a ‘Buy the dip”, or is this just another ‘one day sell off and recovery’? Let’s take a look at the charts and see what we can take note of… NASDAQ – So here we see that the NASDAQ […]
Let’s do a NATGAS & MINERS review and discuss a few trade ideas, since we didn’t have a chance to do that on Tuesday…
As I proof read this report written last night, the Futures for the General markets are actually higher ( Green) . The markets signaled a possible pullback yesterday. When we discussed the possible Parabolic blow off top scenarios, it was pointed out that the ride was a bit choppy before that final straight shot to […]
I AM OPENING UP THE WEEKEND REPORT TO THE PUBLIC. IT IS A LONG REPORT, SO IT WILL TAKE SOME TIME TO READ, BUT I HIGHLY RECOMMEND IT. IT IS A BIGGER BIG PICTURE VIEW. ENJOY & THANKS FOR CHECKING IT OUT! This weekends report is going to be a bit different. I often […]
This weekends report is going to be a bit different. I often give the Big Picture review, and with that, we have been discussing since last January the possibility of a Blow Off Top / Parabolic move resulting from the general markets’ bullishness. Well, this is going to be an even Bigger Picture discussion, with […]
The markets had a bit of a drop yesterday, and some recovered and even closed green by the end of the day. Are we out of the woods now, with only upside ahead again? Let’s take a look at some charts… TNA – We are late in the timing for a dcl, and I could […]
SPX – Yesterday in our comments and in other blogs I read where people were saying how this market can’t pull back, nothing can drop it down, people were adding leverage, etc . That very thing happened at the various ‘tops’ before a big drop on other occasions, late in a daily cycle. […]
DOW JONES – No change here, just a bullish run up and off of the 50sma that seems like it’ll never end, but they do. We are overdue for a dcl, so trailing stop and we’ll see if we get that dip this week. The Dow hit 23,000 for the first time ever. […]
Let’s talk about the Miners. We were expecting them to be weak and struggle early on out of the recent dcl. Monday was interesting…
