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My experiment in day trading continues. Having burst out of the gates with some good success I have found myself treading water the last few weeks. Today offers an opportunity to get out of this...
As money market account balances soar, the mainstream media again proclaims, “There is $6 trillion of cash on the sidelines just waiting to come into the market.”No? Well, here it is...
It was a strange day; it started strong, was weak mid-day, and snapped back in the final hour.On top of that, strange things are happening underneath the surface that have marked the tops of the past,...
The S&P 500 has made multiple new all-time highs and Wednesday's late-day reversal raised questions about the current phase of the rally. Meanwhile, Tesla's underwhelming earnings and warnings of...
Early buying momentum from pre-market through to morning trading had the potential to stamp bulls' authority on markets.But by the close, we are again looking at bearish 'black' candlesticks for the...
As the stock market hit all-time highs this past week, there remains an interesting disconnect from the more dour economic concerns of the average American. A recent survey by Axios, a left-leaning...
Just to remind you, a few weeks ago, I wrote an article which outlined the potential for a major bear market lasting between 13 and 21 years. In fact, this may even cause a long-term depression. And,...
In our previous update, see here; we presented three Elliott Wave Principle (EWP) options for the S&P 500. either a long-term top (blue W-B) and set course for $2700-3500 or a drop to ideally...
There are a few things on markets that I have come across over the past few days. The first and most obvious is that OPEX is now behind us, meaning that some of the flows that have supported the...
There was some concern heading into Friday that Thursday's gains were going to be clawed back, but I was surprised by the extent of the buying that did show up. The Nasdaq and S&P had the best of...
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