Air Pollution. Or intellectual pollution…

http://stockcharts.com/h-sc/ui?s=GOOG&p=D&yr=1&mn=0&dy=0&id=p20970412253&a=249618391 We habitually check in with Marketwatch to survey the news and see a snapshot of the market.  It is also an antidote to low blood pressure.  While occasionally interesting …

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First rock of the avalanche?

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p97142210271&a=214966864 Two views of the S&P.  The nearby view in the first chart prompted us to put on some hedges to our positions in the SPX and the Qs.  This…

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Mapping Apple

http://stockcharts.com/h-sc/ui?s=AAPL&p=D&yr=0&mn=5&dy=0&id=p44783049593&a=211388616 Just relax.  There is no sign of a top in Apple.  And after  a bull market like this Apple is not going to make a V top.  Holders of…

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Stop right there. Don’t make any fast moves…(faster than a millisecond)…

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p97142210271&a=214966864 While the world waits breathlessly for the inevitable "correction" it's worth figuring out where stops should be prudently set.  We think the likelihood of a seriously painful downwave are…

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Waiting for confirmation … or Godot

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=1&mn=0&dy=0&id=p20970412253&a=266691158 It is impossible to look at this chart and see anything but bull market going to new highs.  At the same time the breakout above the April highs waits…

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