As plain as the nose on your face…

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p70142979615&a=266398464 And with no need for a nose job.  Today's candle is about as plain a buy signal as you could want.  Incidentally there is supposed to be a seasonal…

Continue Reading As plain as the nose on your face…

Much ado about little….

  http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p70142979615&a=266398464 Withal, a desultory week to top off the holidays.  You would not think it worth comment -- except-- nattering talking heads are calling this the end of the…

Continue Reading Much ado about little….

S&P 2399–New high, new target

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=1&mn=0&dy=0&id=p20970412253&a=488866143 The S&P has broken to new highs.  Contrarians lick their lips and start shorting.  Trend traders add to their positions.  Given the madness of the market and the national…

Continue Reading S&P 2399–New high, new target

Morgan Stanley compares Trump to Schrodinger’s cat…

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p70142979615&a=266398464 Morgan Stanley has pointed out that no one knows anything about Trump's policies.  And they have emphasized the condition by comparing Trump's policies to Schrodinger's cat.  "His policies exist…

Continue Reading Morgan Stanley compares Trump to Schrodinger’s cat…

Blink and you missed it…

(no link--sorry) We have previously warned  that the election of the Trumpster would result in extreme volatility.  This in fact occurred -- in the middle of the night in the…

Continue Reading Blink and you missed it…