Month: April 2022

Normally I do moves before the end of the month to save the moves going into the next month. If you followed the moves this week, there was nothing to do going into the close. Was it ugly? Yes, it was. Is this market hard to play and figure out? Yes, it is. I know…

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Once we get out of stocks it is not time to sit back relax and forget about the markets. Now we do the daily babysitting looking for the opportunity to get back in. Right now when I read some of the tweets of the traders I follow, I am reading panic or I read this…

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I made a double move.

Once again we are seeing the markets fade and eat away at our profits. Once again we are seeing a very difficult market to figure out and make money. If bonds are getting pounded and stocks are getting pounded, where do you make money? Do we stuff it under the mattress? As frustrating as it…

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I haven’t been smacked in the face like today and this month since January and February 2020. I’ll have more over the weekend, but Monday is most likely the end of the line for stocks for now.

Even though we may see another nasty flush today, I will do nothing until Monday. Yes, the Small-Cap is bouncing on and off our action number but a decision has to be made by 11:30 am. I am still doing nothing until Monday.

Today was painful to watch since we watched all the gains of the week go up in smoke. Here are the numbers to watch tomorrow and they have not changed.

Remember this from yesterday? This is what we saw today on the five-minute chart.

It is getting worse by the day but there was a glimmer of hope that a line in the sand has been drawn but if it doesn’t hold, the game is likely over for this one index.

Hello all and I hope you all are having a Happy Easter. Last week we saw another draw down on the markets and the majority of the indexes pulled back. We also saw one of our more troubled indexes squeak out a small gain. For each index, I show this week I will show the…

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