Still Looking for a Bottom
The market bounced off support on Friday. The 6650 area seems to be an important level. If the bulls are going to take a stand, here is the first place to do it. This will… Still Looking for a Bottom
Looking for a Bottom
The market ended higher today and should open up tomorrow after NVDA’s good earnings report. Is this a resumption of the rally? The market has bounced off support and is now range bound. New monthly… Looking for a Bottom
Lots of Fireworks!
I have no idea where to begin. My thoughts are all over the place. Not unlike the market the last few days. At the moment, I would call the trend neutral with bulls and bears… Lots of Fireworks!
Was That It?
This still looks like just a normal pull back. Friday’s price action makes me think so even more. It dropped in the morning and then reversed the rest of the day. IF the market is… Was That It?
So Far, This Looks Like a Normal Pullback
This has not been a meaningful pullback yet. It may not be in the end. It looks like all the others! What is different this time is how negative market breadth has been. No idea… So Far, This Looks Like a Normal Pullback
Falling Uphill
The market overall is showing incredible resilience. However, there are only a handful of stocks keeping it moving up. Leadership is pretty week. It is likely we will see the bulls and bears fight it… Falling Uphill
The Great Market Divide
It is unique to see the market continue to move up with this much negativity. A pull pack like to today felt inevitable. It is also unusual to see 17 trillion in market cap make… The Great Market Divide
All Time Highs with Little Participation!
The Capitalized NHNL blew up its bearish divergence the other day, but all of the other ones are still intact. Even though the market has moved higher, participation in the rally continues to shrink. The… All Time Highs with Little Participation!
Tug of War!
The market the last few days looks like a battle between the bulls and bears. Neither is gaining much ground…or giving much up. The market is still sitting in a tight range over the past… Tug of War!
Stuck in Traffic
The market moved up for the first hour and then reversed for most of the day before gaining back some of the loses, but still closed below the open. Both the NHNL and Capitalized NHNL… Stuck in Traffic