Did You Catch These Moves?
The Fed painted a key negative picture in their statement on Wednesday in their rate cuts, and a bogus jobs number or a MSFT takeover of YHOO is not going to change that.
Most Important 60 Minutes for Traders
The increased volatility in this bear market decline has been a significant bonus to daytraders, but you sometimes have to make adjustments for the increased volatility.
The Most Powerful Trading Edge
Consistent with my “Core Framework,” the most significant zones and best trades come from the extended Standard Deviation levels that are also key price and time zones.
Stock/Bond Swaps Accelerate Rally
The jury remains out for the extent of this bear market…
Fed Answers Foreign Meltdown with Rate Cut
We got an upclose view on Monday (1/21) of how the foreign markets reacted to the US panic last week.
Anticipated Reversal Will Lead to Short Opportunities
There must be some overt measure taken to reverse or slow some of the obvious problems we are facing right now.
Reversal Strategy in Extended STDV Zone
Most all of the TV and print financial media have swung to the recession/global slowdown scenario, in addition to most brokerage firms.
Extended Reversal Zone Still in Play
I said in the previous commentary that the financials are the key to the next bear market reversal.
Key Sector for Bear Market Reversal
The market has to go down before it goes up, which means that I think that the August low has to get taken out before thinking of any new bull cycle move.
Short-Term Buy Zone in Bear Market
I have said many times that the highest probability is for new market lows for 2008, as the bear cycle continues to unfold.
Key Time Period Anticipated Volatility
Only time will tell if the PPT will step in again to hold off a major blowout.
Key Time Period Next 6 Days
The same housing, writedown, tighter credit and weak economic news has carried over to the new year, and the commodity sectors remain strong across the board.