“The Great Depression,” LOL
It was only a week ago that The Wall Street Journal was telling your parents that we were headed for the worst April since the Great Depression. It didn’t turn out that way. In reality, the S&P 500 and the…
JC Parets is one of the most widely followed Technical Analysts in the world, known for his ability to cut through market noise and uncover real opportunities. As a Chartered Market Technician (CMT), JC specializes in identifying high-probability setups with a unique top-down approach which has helped hedge fund managers and thousands of everyday investors navigate the markets with confidence.
My Kind of Ponzi Scheme
The U.S. Dollar has gotten crushed during President Donald Trump’s first 100 days in office. From its 52-week high of $110.18 on January 13, the U.S. Dollar Index (DXY) is down 10%. Strategy (MSTR), meanwhile, is up 16% during the…
There’s Something in the Way This Unsung Index Moves
Today most of financial media is hype-driven headlines and attention-span-destroying horsesh*t. That’s why, these days, everybody ignores the finer things, including this old-school indicator. They treat it like it’s the Tito Jackson of stock market indexes. Or the fifth Beatle.…
My Secret Indicator That Never Misses
An indicator I’ve helped make famous is sending another strong signal. The epic squeeze that started last week – including the worst-performing sector, large-cap tech, rising 8%? It’s likely to take stock prices much higher from here. How do I…
I’m on a Bitcoin Heater
The Tesla (TSLA) options trade we put on this week doubled in less than 10 hours of trading. We’re long the common stock too; it’s up 14% since we bought it. Our TSLA trades are only crypto-related – this is…
Is This Secret Bellwether the Key to the Next Leg of the Bull Market?
Amazon.com (AMZN) is the stock market bellwether nobody is watching. As of this morning, AMZN represents about 22% of the Consumer Discretionary Select Sector SPDR Fund (XLY). It’s the biggest name in the sector. Retailers. Homebuilders. Automobiles. This is where…
Fighting Papa Dow Is Like Cooking a Steak in a Microwave
This is all you need to know about the stock market right now: Don’t fight Papa Dow. Former resistance is turning into support – just like they draw it up. This is what they teach you in Technical Analysis Kindergarten.…
Bitcoin: Near a Magic Number, Next Stop $150K?
Bitcoin (BTC) is no longer just another tech stock. It’s acting more like Gold, less like the Nasdaq100. So we’re told, but what does price say? The U.S. Dollar continues to break down. How long will that continue? Only the…
There’s Nothing to Fear From the “Fear Gauge”
Editor’s Note: In the April 21 issue of Everybody’s Wrong, I referred to MSTR “trading at all-time highs.” A more thorough description is that MSTR is trading above the prior-cycle highs and is still in new all-time high territory. This…
MSTR: Multiplying Like Bunny Rabbits
Happy Easter! This time of year, I can’t help but think about bunny rabbits and their mating habits. What can I say? I’m a Fibonacci Nerd. Those “Fibonacci Extensions” you see on my charts and read about when we talk…