Fool’s gold. Chinese stocks.
Charts like this inflict us with incredible ennui. It looks like a breakout, with a gap and volume and the breakout bar is a black candle that might be interpreted…
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Fool’s gold. Chinese stocks.
Taking gas.
Talk about Lucy and Charlie Brown and the football. We have been burned several times in UNG gas. Once more up to the breech good friends. Looks like it finally…
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Taking gas.
A buy signal in the Dow.
Yesterday prices powered across the signal line in the dumpity-bumb-dump pattern (or whatever it is we call it). This does not guarantee the resumption of the uptrend, but it is…
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A buy signal in the Dow.
Tipping point tiptoes along razor’s edge…
We have always had our eyes on that little known Nobel Prize category -- the mixed metaphor prize. We probably have the inside track on it, but you never know. …
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Tipping point tiptoes along razor’s edge…
More long term perspective on the Dow using short term data.
Last Friday we analyzed an hourly chart of the Dow and remarked that it looked like a bottom forming. Previously we had seen a possible Kilroy (or H&S) bottom. Identifying…
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More long term perspective on the Dow using short term data.
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