Preface to all four parts: In the face of a brutal, brutal bull run over the past ten years, the past twelve months, and the past nine weeks, a lot of otherwise good shorts have been obliterated. I have a stable of 40 surviving shorts, which I am sharing this weekend in four equal parts.(more…)
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The excerpt below is the brief Opening Notes segment from last Sunday’s NFTRH 579. We’ve been compelled by the market to obey the bullish trends and have a bullish view most intently since SPX went through the bull turnstile but really, well before that as it held the up trending SMA 200 in August and on another drop, again in September. The trends have been up all along and only broken trends would have made a broken market (I know, duh…).
Subsequent to #579’s bullish observation the market was tested this week on more trade war bullshit. And that’s of course what it is… financial media wax on/wax off to titillate or torment you with.(more…)