Month: March 2020

Wow! What a month it was and what a quarter it was. So how bad was it? Have you already read or heard just how bad it was? They say a picture is worth a 1000 words, so let me show you this chart from CNN. If you click the picture, it will take you…

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So far looking at the Pre-market tonight, I do not see panic selling. The /ES is lower by 1%, but it has been rising all night. The first chart shows no panic selling so far tonight. We will see want the morning brings. The second chart shows that the new cases for the United States…

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Next week will be the end of one of the worst months we have seen in a while. Will it be time to step back into the markets? Will all the stimulus money that the United States and other countries are throwing at this event to prop up the economy stop the declines? These are…

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So what do you think? Did we hit bottom? Are you feeling confident that the beginning of a V-shaped rally is in the making? Is the stimulus package going to save us all? If you answered yes to all those questions, I hope you are right. Let’s go inside and see the weekly numbers.

You have to sit back in awe after the last three days of watching the stock market. With all that said, let me show you what happened on the charts after today’s’ rip.

Wow, what a two day rip! Is this the bottom? Will this 2 trillion stimulus package save the economy from tanking? Those are questions for someone with more smarts than I have. So let me show you where we are and then you will have to decide is this fire too hot or has the…

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When is getting .02% the best thing you have seen? This week is the answer because it was one of the worst weeks ever. I actually thought the week was going end on an upbeat note but it did nothing but fade into the close. What looked promising, is not cracking. So did the channel…

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Today we appear to be holding and maybe head up, but the purpose of the post is to show you how we are holding up since that 3/13/2020 call.

I’ll make this quick and painless because I know we are all tired of the bad news. It just keeps coming at you from all sides. As bad as today was, something is brewing. Not sure it will stick, but it is brewing. Come see

So what happens this morning, Wednesday @ 9:30 am EST? The Pre-market circuit breakers have already fired to stop trading. It appears to me looking at the SPY that we will open around $2350 or lower. Be patient and don’t chase. Looking at the big picture we could go down to these levels soon.