Month: January 2019

Today was quite the pop higher because of the FED news. After all the movement we saw the month of January, I think you will be surprised to see what has change.

Hi guys, I thought I would give you some of my thoughts on the current state of the S&P 500 after today’s move lower. We are currently holding support but I want to show you a few details that could happen soon.

Sorry for the delay on getting out the daily chart information, I was busy helping my son repair a toilet that almost fell through a rotting floor. Last week was another good week for stocks, but things did appear to be slowing down from the rip that we have seen the first three weeks of…

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It is Shutdown freedom day!! Will it last? I’m thinking 10-1 odds it does not. Either way, the market had a very nice closing day Friday to save the week from being negative.

Yes, it is a true statement that I feel like I am being left behind with this massive V-shaped reversal on the stock market. There was so much damage done since October 2018 that it makes it very difficult to say, this is it. Now with add all the data that we are bombarded with…

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Wow, another rip of a week. This is an amazing run higher with no pause. It has got a lot of traders off guard. We are seeing signs of buy signals and I will have those charts later in the weekend.

For all my civil service “essential” personnel workers out there doing their job and not getting paid, thank you. It is so wrong on so many levels to force anyone to work, knowing that if they don’t show up they get fired, without pay. Only the US Government could get away with it and there…

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This week had some impressive moves. These V-bottoms and highly volatile times are hard to predict and hard to ride. I have a very conservative setup, which goes against my nature, show watching this rip was hard for me. We are approaching so interesting levels that I will show you later this weekend. For all…

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I bet you are wondering if any of our indexes have fired any buy signals. We have seen an incredible rip the last 4 trading days and I would have liked to have had that in my bank. Let’s take a look.