Instead of “Sell in May”, it is “Snooze in May” But more to the extent that the market is simply lacking the participants for big moves. There has only been one move so far this month that was in excess of 1%. But really, this market has been extremely flat since March. Nonetheless though, we
One last thought about bitcoin Okay, I want to go this whole week without mentioning bitcoin, crap I just mentioned it and even titled this post after it, so lets go ahead and throw that idea out the window, because it was over before it ever got started.
Bearish Divergences Warrants Caution You could have skipped the last three weeks of trading and you would have come back to a market that is virtually unchanged. It hasn’t moved, it hasn’t gone anywhere, and Friday’s price action exemplified that with another light volume trading session. VIX spent most of the week below 10,
The T2108 indicator provided by TC2000 is one of the best indicators for measuring the health of stocks, and in particular forecasting when a major market bounce off of oversold conditions or a major market sell-off following bubble-like market conditions will occur. This market reminds me so much of August 2015, that it isn’t
I, of all people want this market to go higher. Having spent the last two trading years of my life in a range that was the tightest of anything seen in 21 years has been exhausting and limiting in its opportunity. However, there are a few things that need to improve underneath the surface, one