Another breakout. Don’t breakout the champagne…
In May prices broke out of a congestion formation. But without a lot of enthusiasm -- although building volume should support the bull case. Now after a fifteen day mutated…
Technical Analysis of Stock Trends
In May prices broke out of a congestion formation. But without a lot of enthusiasm -- although building volume should support the bull case. Now after a fifteen day mutated…
Ever since they started selling index ETFs we have abandoned individual stocks like vehicles to hell -- or jokeyless horses. Since then we have avoided individual stocks like a recovering…
http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p70142979615&a=266398464 A few days after an ugly air pocket the SPX wesnt to a new high. That's not the important fact here. The important fact is that over the recent…
http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p70142979615&a=266398464 You (we) complained about the somnolent nature of the market. Here's a slap in the face from the market. A nasty, ugly chart -- the result of Trump and…
http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p70142979615&a=266398464 The market continues to supply news of dramatic interest to sloths and possums. Unfortunately investors are forced to consume the same fare. Which hardly seems fair. But perhaps something…