I mentioned last time that more volatility was likely … and that is happening with whipsaws being the rather unpleasant norm. During times like this we have to be patient – it’s not always …
We’ve seen a classic pennant forming on the main indices that seems to be resolving itself to the upside – at least in the short term. Let’s look at the indices to tell us some more: SPY
From…
Hi Everyone
The doors are officially open for my annual “Informed Traders Practical Workshop” on 10th December. As always, it’s going to be an fantastic day, and will be focused on our uniq…
The markets took some time off today and I’m not expecting too many hijinks in the last half-hour. This is just a quick email to say have a great weekend, and let’s look forward to next week.&nb…
Yesterday I said the following, verbatim: My prognosis for the markets remains unchanged. In the short term we’ve had some upside, but medium term I see challenges ahead. Ok, I didn’t e…
Well, the markets are up overall during this earnings season, but not for the first time recently, this week we’ve witnessed a breakout followed by an immediate reversal. With so much unce…
Hi Everyone I think it’s fair to say that this earnings season is rather unpredictable and that’s the sure sign for us to sit back and watch the masochists self harm. The OVI is inconclusiv…
AAPL Clobbered, S&P Touches Resistance, Plus: Workshop Webinar Tomorrow Night
We’re in the full flow of earnings and the SPY has touched its August highs before retreating just a few poi…
The S&P is almost there folks … we seem to be in the midst of a consolidation. Oddly the SPY’s OVI turned south yesterday so let’s see how we fair in the next few days. Earnings c…
The market seems to want to go somewhere right now and we’re now in the full swing of earnings season. AMZN and AAPL are looking interesting again as they break through and approach key re…
