And here we go again to try to make new highs. I think it is amazing that once the $SPY and the market in general reach a level where most traders see on their chart that the markets are overbought, but no one wants to look foolish an...
10 Laws of Stock Market Bubbles
Well the doji consolidation stats I posted yesterday gave 75% odds of a small retrace before (most likely) higher, but once again SPX took the lower probability path of the 25% chance of breaking up. It was a clear breakout candle so...
On Wednesday night, after some seriously wild action had settled down a bit after hours, I made some educated guesses in my trading room about what ES/SPX might do over the next few days. Some of these I also talked about on twitter t...
SPX: FOLLOW UP OF THE SHORT TERM EWP
DAX: FOLLOW UP OF THE SHORT TERM EWP
WEEKLY TECHNICAL ANALYSIS
The Slope Bookmarklet will add the link but not the chart: Do Canadians Need to Look at Their Balance Sheets Again? Loan growth generally accompanies economic...
The lead indicating QQQ is warning
Crowded long NIKK-short yen trade weakens the call’s risk-reward
Apple vs. Facebook – You decide… Fun Chart We are Short Apple (AAPL) & Long Facebook (FB) at the time of this post
hat hasn’t learned about what happens to markets when they go curvilin
Recap This likely to be last week this year worth being involved in markets before the holidays period will kick in. Currency board below looks pretty much balanced with NZD still prevailing with bearish sentiment while EUR, CHF and C...
RecapTweet above said it all about reaction to ECB announcement on Thursday, although QE seem to be inevitable at this point for Eurozone, some steps have to be taken prior to actually starting it. EUR/USD bounced towards 1.245 on tho...
Recap Going into the week we are likely to see gaps on CHF pairs with Swiss referendum NO vote as a result. Fundamentally this is bullish CHF outcome, however will be watching closer the outcome at the open. This outcome is another na...