Archives

Stuck in the mud $ES_F 1866 x 1848

Featured Breadth Chart of the Day:   Day 2 warning for the bears.  This is chattering here on the 90s.  Buyers are buying into the new highs. Quote of the Day:Men achieve a certain greatness unawares, when working to another aim.–Ralph Waldo Emerson Comments and Levels for the Front (S&P 500 – E-mini futures) contract: […]

Loving my Roku + Hulu +

  Late last year I decided to cut the cable.  My bills were almost $200/month for television, phone and internet.  That seemed too much.  I have a cell phone and I don’t need 999 channels so I decided to do something about it.  It took me over a week of time to work with Time […]

Trade with a team $ES_F 1861 x 1848

Featured Breadth Chart of the Day:   Our NHs/NLs are chattering in the 90s now.  That is indicative of a slow, low volatile upside grind that is frustrating to bears as they get squeezed out into closes with very little downdraft to make any gains. Quote of the Day:Recommend to your children virtue; that alone […]

Running Late–Quick update $ES_F 1861 x 1842

Featured Breadth Chart of the Day:   Yesterday was stronger than the bearish stance we would have liked with breadth moving a bit more bullish than makes us comfortable.  We still remain on the bear side until the trenders confirm.  They moved to neutral yesterday. Our premise is made on the fact that we really […]

Looking for higher temps, lower prices : $ES_F 1848 x 1795

Featured Breadth Chart of the Day:   Still expecting a < 40 reading soon.   Our trenders remain bearish and we are bouncing but we don’t expect new highs out of this bounce until we do some more traveling into the southern hemisphere. Quote of the Day:An adventure is only an inconvenience rightly considered. An inconvenience […]

The only constant is change, embrace it. $ES_F 1835 x 1817

Featured Breadth Chart of the Day:   Our Zweig has bounced, but we think that will last only a couple of days as we wait for some exhaustive selling to hit the reset switch and get us back on the bull and narrow.   Quote of the Day:That’s right. ‘Tain’t yours, and ’tain’t mine.–Mark Twain(when […]

Markets Gopher it: $ES_F 1807 x 1840

Featured Breadth Chart of the Day:   Watch out for updrafts, they can be violent.  They say, because of human global warming climate change we don’t have spring anymore, we slip from brutal winters to harsh summers.  Perhaps that change of how the seasons cycle has brought early our “sell in May” rule, not sure.  […]

$ES_F 1836 X 1817

Featured Breadth Chart of the Day:   Rejected!  Wow what a push back down.   Follow through today. Quote of the Day:Work keeps us from three great evils, boredom, vice and need.–François Marie Arouet Voltaire Comments and Levels for the Front (S&P 500 – E-mini futures) contract: Short: 1836Long:  1817 Premarket we have 1817 for a […]

Ride the MiM today.. $ES_F 1871 x 1853

Featured Breadth Chart of the Day:   To the 90s for the bulls again. Chop Chop Quote of the Day:Civilization begins with order, grows with liberty, and dies with chaos.–Will Durant Comments and Levels for the Front (S&P 500 – E-mini futures) contract: Short: 1871Long:  1853 Yesterday we said we could see 1867 in the […]

Duck, Duck Goose $ES_F 1856 x 1831

Featured Breadth Chart of the Day:   There’s the bounce, but can we sustain a 2nd day?  The long term trender is back to bullish.  This is a zombie market and the bulls need to either rally harder or the bears need to just finish them off. Quote of the Day:In life, as in chess, […]