Today’s Trading Plan: Rate Day

2016-12-14T09:07:56-05:00December 14, 2016|

Technical Analysis: The S&P 500 (SPX) keeps marching higher with little resistance to counter its momentum, rising another 14 points towards the goal of 2300.  Even more so, the Dow Jones Industrial Average (DJIA) is up 22 of the last 26 days (over 84% win rate) and has made new all-time highs 7 [...]

Could This Actually Be A Market Top

2016-08-26T13:17:41-04:00August 26, 2016|

I’ve put together a quick video talking about the current state of the stock market, key stocks and the major indices in general.  I cover the following stocks: IBM, MCD, ADBE, NFLX, FB, AMZN, GOOGL, CMI, SINA […]

Today’s Trading Plan: The Double Top Takes Shape

2016-06-27T07:53:59-04:00June 27, 2016|

Technical Outlook: To say that Friday was an epic market would be an understatement. Following the Brexit news, SPX dropped a cool 3.6% and looks to continue lower again today.  Here is what you have to be careful of  here – central banks. The Central banks will not want this [...]

The Top in Gold

2016-06-21T15:43:16-04:00June 21, 2016|

Gold and precious metals in general have been a darling of the market so far this year, and I’m sure by writing this post, I’ll get some angry tweets, and messages as a result.  But hey, I am here to read and follow the charts, not make people feel good [...]

The Ackman Top Called By Forbes

2016-06-07T15:34:03-04:00June 7, 2016|

This has been some incredibly dull price action today. In fact, so boring, volume is close to coming in below the half-day of trading on Christmas Eve.  That is really saying something! […]

Market Top or False Alarm

2016-05-20T14:26:03-04:00May 20, 2016|

I’m not into calling market tops and I’m not trying to do that with this post. What I am trying to do is to bring some concerning developments to light.  We all know just how hard it has been for SPX to trade within the 2040-2138 range. For almost two [...]

Video: Market Top Trading

2016-05-13T15:48:00-04:00May 13, 2016|

I did a technical video of the markets and where we stand going forward.  I reviewed the following: SPY, QQQ, IWM, DIA, GLD, SLV, USO, FB, AMZN, NFLX, GOOGL, AAPL, XLE, GM, LNKD Enjoy! […]

Bass Pro Shop Nails the Market Top

2016-04-29T14:51:16-04:00April 29, 2016|

Some people pay attention to the New York Times, or USA Today.  Others prefer Barron’s or the eerily, far-to-dependable, Dennis Gartman.  But these are all contrarian indicators.  Instead I present to you the one publication that explicitly said when to start shorting the market and it made not qualms about [...]

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