• SharePlanner Reversal Indicator: Trending Well

    It has been a couple of weeks since we received the bullish reversal and it remains strong today.  Price action this week has been less than desirable, to put it mildly, but that hasn’t affected the SharePlanner Reversal Indicator from trending bullish still. 

    By |Published On: March 16, 2018|1 min read|

  • Some Bearish Divergences Could Provide Some Shorting Opportunities

    If you glance at the indices, you wouldn’t realize the market is actually fairing poorly today.  Breadth is actually negative VIX is trading 3.5% higher The percentage of stocks trading above their 40-day moving average is declining.  Technology is trading lower Small Caps are in the red

    By |Published On: December 12, 2017|1 min read|

  • The Market Ignores All Bearish Indicators – Just Remember That

    Stocks are back at all time high – or at least all the major indices are.  Just today alone: S&P 500 (SPX): New all-time highs Nasdaq (COMPQ): Crushing New all-time highs Dow Jones Industrial Average (DJIA): Right at New all-time highs Russell 2000 (RUT): Bull flag at the all-time highs 

    By |Published On: October 27, 2017|1 min read|

  • Yesterday’s Sell Off is Today’s Dip to Buy

    I barely remember the sell-off that ‘alledgedly’ happened yesterday.  People say that there was one, but I can’t take their word for certain. The buy-the-dip crowd  would never allow such a thing.  Don’t believe me? Take a look at the charts below – nothing ever happened yesterday.  S&P 500 (SPY) Dip Buy Nasdaq (QQQ) Dip Buy

    By |Published On: June 28, 2017|1 min read|

  • It’s Snooze in May

    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

    By |Published On: May 31, 2017|4 min read|

  • Market Divergence + Bitcoin Ramblings

    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.

    By |Published On: May 30, 2017|4 min read|

  • That Wall of Worry is Getting Steep

    New All-Time Highs – Everything is fine…or should I worry? It is like the market is a sling-shot. Last Wednesday’s sell-off represents the moment where the sling gets pulled back, really hard, and the subsequent six days of buying in the market represents the market ‘letting go of the drawn sling and watching it propel

    By |Published On: May 26, 2017|4 min read|

  • Now Some Bearish Trade Setups to Watch

    Take a look at these bearish trade setups Maybe the market will finally correct. Who knows!?! The resiliency of the market is a thing to behold. Honestly though, it just takes $10 trillion of endless QE worldwide and you can prop anything up.  Nonetheless, the charts look bearish, the S&P 500 acts like it wants

    By |Published On: April 4, 2017|1 min read|

  • Bullish Trade Setups to Watch

    Here is wher you can find yourself a bullish trade setup The market has traded lower for most of the day, but after a hard sell-off early on, it is attempting to stage its own recovery. If that happens, you have a whole list of bullish trade setups below that you can trade off of.

    By |Published On: April 3, 2017|1 min read|

  • We Got a Nasdaq Close at New All Time Highs

    The Nasdaq Close was based on closing price not intraday all-time highs. That close for the Nasdaq is a good thing for the bulls and the rest of the market, because the Nasdaq has been leading the way for the past few months. And by hitting new closing highs, it increases the odds that the

    By |Published On: March 30, 2017|1 min read|