Absolute Breadth Index Signal?
Worden’s T2101 Indicator (Absolute Breadth Index) is defined by the Worden as follows: “The Absolute Breadth Index was developed by...
Follow Up On Distribution & Rotation Dynamics
2:43 p.m. ET After end noticeably heavier end of day selling, in an other wise dull market until the last...
A New and Important Narrative is Being Formed
1:42 p.m. ET We know the “AI” narrative and how powerful it has been the past several months, but it...
Daily Wrap – This Is A VERY Important Update
I am sorry this post is so late. It’s not because of my ongoing fever or not feeling well (again, thank...
Important Update – DEFENSIVE
2:00 p.m. ET Virtually nothing as changed with the major averages, they are VERY little changed. SP-500 +0.4%, Dow +0.3%...
Important Tech Update
2:11 p.m. ET Since the last update (Early Update) noting the mega-caps are clear laggards today, but there are some...
$3900 On Deck, Mega-Caps Starting To Lead
2:57 p.m. ET The tone of this week started getting better than the prior 2 weeks with regard to market...
More on the ECB Rate Hike
ECB hiked its deposit rate by 75 bp from 0% to 0.75 bp, the first time European rates are positive...
Market Update – More Confirmation of the Larger Bull Flags
1:39 p.m. ET The stock market has modest gains thus far amid fairly broad buying interest. SP-500 +0.7%, Dow +0.25%...
Bullish Consolidations
12:35 p.m. ET Since Friday’s strong day capping off a very weak week for stocks, the averages have been consolidating....
Market Update – The Path Forward
2:41 p.m. ET SP-500 +0.15%, Dow -0.3%, NASDAQ-100 +0.3%, Small Caps +1.1% It looks like the day is unfolding as...
SPY 3C Chart Update
Last week I mentioned a positive divergence on the short term 3C charts for SPY that suggested to me that...
2021 Update – Happy New Year
Hey everyone, I just wanted to take a break from my busy New Year’s schedule of burning the candle at...
Weekend Video Update
...
Weekly Wrap
The theme of last week’s trade was U.S.-China trade optimism. I’m loathe to write the words “trade optimism” in the...