EEM Edges UP
Halfway through Monday and EEM is holding top slot in the Lazy Man Rotator. It’s always helpful to look at what’s holding up and what’s not on trend days like today and EEM has so far maintained stellar...
Read MoreHalfway through Monday and EEM is holding top slot in the Lazy Man Rotator. It’s always helpful to look at what’s holding up and what’s not on trend days like today and EEM has so far maintained stellar...
Read MoreInternals remain trend-day strong at the mid-day with next SPY resistance at $119.50, then $122 even as price seeks firmer acceptance at $119 just here. Watch the slope of that 100-minute ema very closely with volume as light as...
Read MoreEmerging markets (EEM) and Materials (XLB) staged a three-day comeback after testing ‘official’ bear market territory, leaving the S&P 500 (SPY) higher by +2.3% on the week. With the jobs report aside and...
Read MoreNo investment advice! These are the trades I’m going to take. In case you consider mirroring my trades make sure you do your own homework upfront in order to match your personal risk profile. – Frank Never...
Read MoreBounce continued on a good jobs number and hit the 50 day moving average premarket. Europe appears set to recapitalize the most troubled banks and backstop the sector, but there was a race to downgrade various Europe...
Read MoreThis is a continuation of the HLC Trend indicator post and shows the actual signals created by the cross of the HLC and the MA7. We’ve plotted the HLC in green and the MA7 in red so it’s easy to see that when...
Read MoreObvious trend day in place, but I do expect increasingly strong resistance between SPY $116 and $117.00.
Read MoreI was very sad to hear the news that Steve Jobs- the former CEO of Apple Computer– passed away today. His life was an incredible story of innovation, and the ability to triumph in the face of constant...
Read MoreBetter than expected ADP number and reversals in Apple and Google offset the struggling banks. A good-sized two-day bounce puts us in a heavy resistance zone. The major downtrend line remains in place and we are...
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