Thursday – 2 trading days left in the week. Again we have had another great week of trading, but how long will this last? Should I sell my positions? Lets do a quick market review and then discuss positions. . SPX – April 18 had the markets Bullishly moving higher. SPX April 20 – The […]
Excellent trading, that’s what has been up in 2016! I keep telling myself not to get too used to it, because I know that following the fast run higher is a pullback or consolidation move. This year we are seeing various Sectors setting up at different time frames. We’ve been able to sell the run […]
Energy Sector Review – It’s all a matter of perspective. If you fell asleep Sunday night and didn’t wake up until after the market closed on Monday, you may have thought that not a lot had happened. If, however, you read my report Monday morning , you saw that Oil had dropped 4% overnight. CNBC […]
It’s all a matter of perspective. If you fell asleep Sunday night and didn’t wake up until after the market closed on Monday, you may have thought that not a lot had happened. If, however, you read my report Monday morning , you saw that Oil had dropped 4% overnight. CNBC and many other sources […]
The Markets continue moving along, but in some cases we are not quite where we wand to be yet. Lets review… . This was the SPX in Thursday mornings report. Now lets look at the Big Picture as of Fridays close
Its Friday April 15th, so I wanted to remind you that it is Tax day in the States, and I also needed to offer a clean slate in the comments section, since yesterdays comments section was FULL. 🙂 . General Markets : We watched the markets break out Wednesday …
I cannot believe how nicely these markets are getting their ducks all lined up in a row. This report is going to be as long as a weekend report! You may even be a little surprised to see what I am about to show you… . SPX – Tuesday I pointed out that the wedge […]
I recently wrote up a public post showing what we have been invested in as far as Gold, Miners, Energy, and Commodity Stocks. With careful analysis, we have been able to catch blast off after blast off in a variety of sectors. These runs do not last forever. They run up, then consolidate those gains, […]
It is NOT easy when you have a stock up 10%, and the other 4 or 5 are up 20% 34% and so on , but we’ll just have to deal with it 🙂 . Yes, I’m kidding, but seriously that is the way it has been lately. Dont get used to it, it can […]
Using the April 8th (Fridays Chart), we see the markets consolidating sideways. This usually prepares it for a directional move , up or down. In this case, it can also take that bearish wedge and allow it to become a channel. The Markets continued that sideways move on Monday…
