Stops. What it’s all about.

http://stockcharts.com/h-sc/ui?s=$INDU&p=D&yr=2&mn=0&dy=0&id=p29426735132&a=205639989 In general we evaluate the market through the lense of the Dow.  And in general this is effective.  Occasionally there is a divergence between the three major indices (Dow,…

Continue Reading Stops. What it’s all about.

Rare earth — rare birds. REE.

http://stockcharts.com/h-sc/ui?s=REE&p=D&yr=1&mn=0&dy=0&id=p58552130685&a=209299648 Financial writers can be snarky at times and the current Marketwatch has a semi snarky column on Jim Dines and rare earths.  Dines is indeed a rare bird in…

Continue Reading Rare earth — rare birds. REE.

Money talks. Especially when it’s the euro. It’s talking now…

http://stockcharts.com/h-sc/ui?s=FXE&p=D&yr=0&mn=6&dy=0&id=p88765093810&a=203282122 In case you missed our earlier letter about the euro, here it is re-emphasized in spades.  Broken fan lines, gaps, power bars and eye catching volume.  And it just…

Continue Reading Money talks. Especially when it’s the euro. It’s talking now…

Bull signals in the Dow and S&P, Qs… (and everything else)

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=1&mn=0&dy=0&id=p62881197949&a=207879904 We are not much contrarians --- because we assiduously avoid joining fads and cults and cliques.  And we avoid attaching too much importance to any idea or concept.  We…

Continue Reading Bull signals in the Dow and S&P, Qs… (and everything else)