Who’s in charge here… and who’s on first…
Just to remind you who's in charge look at yesterday's action. 19.59 point range in the SPX, with long tails (or "shadows"). These are the fingerprints -- or pawprints --…
Technical Analysis of Stock Trends
Just to remind you who's in charge look at yesterday's action. 19.59 point range in the SPX, with long tails (or "shadows"). These are the fingerprints -- or pawprints --…
The entire chart is a reminder of where we came from -- the broken trendlines from October -- and also the broken long term downtrend line from 07. Trendline D,…
It didn't take Apple long to justify our last letter. One day. The huge earnings gap stuck a finger in the eye to doubters, and the long term approach we…
Or dancing with tarantulas. The markets over the last week or so have had the fingerprints of the big hedge funds on them -- trading aggressively as they grab seats…
The little runaway bull got corralled. First, the breaking of the major trendline from 07 must be honored by a pullback (or a throwback, or a half back). Second, we…