Trading Markets

Many Areas Are Imploding

For the past several weeks, while the “market” has continued higher, I have taken great pains to explain to you that you can no longer just talk about the market as a whole and that the tape had become as split as split could be.

What Market Crooks Are Getting Away With

Doesn’t anyone care that this “superfund” is being created because these crooks know that they lost but are only trying to cover up these losses…or extend them way out into the future?

The Market Remains Split

The playing field is not level right now…and no one seems to care….because the people who should care are a part of the problem.

The Market Will Go Where It Wants To

I have taught you that the market is its own mechanism…and will do what it wants to do regardless of the news. In good markets, bad news is good news. In bad markets, good news is bad news.

Drown Out the Noise, and Pay Attention to the Market

Last time I told you to pay less attention to what the DOW does and more attention what is underneath the hood. I take that back as both the DOW and S&P are now moving out of decent cup and handle patterns.

The Fed Cut, But Can the Markets Save Themselves?

Very simply, this is the mother of 2-way tapes. I believe it is going to continue that way. I believe the good may get gooder and the bad may get badder. Pay less attention to what the DOW does and more attention what is underneath
the hood.

Who Cares About the Dollar or Inflation?

Keep your wits about you and relax. I can promise there will be more curveballs as the last of the bad news is not nearly over. As long as we continue to see accumulation and as long as we don’t start to see distribution, we go with it.

Does the Market Stand a Chance?

I will not be surprised if the market attempts something here because of whatever the Fed does. The question remains whether the broad market will join any further upward move. So far…negatory. And it is not written in stone that markets have to rally because of anything the Fed decides to do or say.

How the Fed Lost Its Street Cred

I repeat…I do not know how we finish today. I just ask you to keep a clear head. The market will decide itself when the FED does cut rates. I am still 100% cash and not dealing with the ridiculous ups and downs we have been getting on a daily basis.