The Anger of the Mispositioned
I was on a late night Twitter Spaces I pop into sometimes on Friday nights when I’m going through my weekly charts. Helps me tap into the madness of the crowds. Last Friday, they were all in disarray. They were…
I was on a late night Twitter Spaces I pop into sometimes on Friday nights when I’m going through my weekly charts. Helps me tap into the madness of the crowds. Last Friday, they were all in disarray. They were…
The big news coming out of the weekend is Warren Buffett officially stepping down from running Berkshire Hathaway (BRK.A). It’s well over a trillion dollars in market cap at this point, and Uncle Warren is now in his mid-90s. Charlie…
“Liberation Day” losses? Gone. The S&P 500 has now erased all its losses from “Trump’s Liberation Day.” Headlines sparked panic. But prices held their structural trends. When narratives overheat, markets often do the opposite. This is what trend resilience looks…
You guys need to see Uber Technologies (UBER). This one is ready to go. UBER was added to the Dow Jones Transportation Average on February 26, 2024. Most people don’t even know it’s in the index. Not only is it…
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…
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…
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.…
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…
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…
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…