It was an incredible month on so many fronts. Today was a little give back day but no damage was done and no warnings were fired. In case you didn’t read the comment inside today’s post, I did not get in today because I used up my two moves in November. I will make my…
As I discussed this weekend, I will make the move today going into December. It is possible that we are seeing the beginning stages of profit-taking. It is way too soon to think this is the beginning of a selloff. If it is a selloff, I still have to wait until levels are broken before…
It is not often when you see two indexes give you 2 years worth of returns in one month, but we are seeing that right now. So the question is as we go into Monday is, what do we do now? Is it time to run? Is it time to take some off the table?…
What week and what a month! I will have charts and pre-moves for December later this weekend. Here are the closing numbers.
My front yard friends above
Last week by the close of Friday it still appears that one of our indexes is still seeing a rotation and one of our indexes have flattened out. We had two breakouts to the upside. Finally, what did the Vix say last week? The virus is still the primary driving force in the news and…
We had a nice pop on Monday but one of our indexes just kind of belly-flopped the rest of the week. We also had one index that just kept rolling into the close Friday. Lastly, we had an index break out. Here are the numbers.
Tonight I decided to watch a little local and national news. There is a lot of drama with Covid and it looks bleak. In the next 3 months, we could see a very deadly scenario according to the numbers we are seeing. As new cases rise, I am surprised that death rates are not accelerating…
We have a new all-time closing high on two indexes. Is this a time to be scared and bailout? Do we go with our breakout chart from last week? How will the ongoing election soap opera affect the markets?
Because I saw someone’s post on FB, I guess today wasn’t so unlucky after all. That was a nice little rip into the close today, Friday the 13th. Let’s take a look at those numbers.
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