If you have the attention span of a gnat, don't bother. This is a long post. That's where we are right now. The US markets have dropped 30% or so. VIX is dropping from the eye-popping 80s to the mid-sixties. Things are calming down, right? Maybe so, but don't let your guard down. We are …
Category: Technical Analysis
Ideas for March 15, 2020
I lied in my March 14 2020 post. There aren't zillions of short candidates. Maybe a few, but not zillions. Hence this post to clear things up. Why aren't there a lot of short candidates? Well, it's simple. The patterns were there, but they triggered and hit targets very quickly, basically within the same weekly …
Ideas for March 14, 2020
Well. I took a few weeks vacation, and the market went to the house of Hades in a handbasket and the COVID19 issue developed into a world pandemic. How quickly the world can change these days. What is the market going to do now? I don't hesitate one second to say I haven't the faintest …
Ideas – February 8, 2020
On the surface, the market appears to have shrugged off bad news and regained it's mojo. However, I remain in the camp of the cautious doubters in the short term, and will trade accordingly. New Ideas Adient PLC (ADNT), a manufacturer of auto seating, has broken out of an eight month rectangle. Possible target is …
Ideas – February 1, 2020
New Ideas What a difference a week makes. Last week's market activity was dominated by declining prices, including a lot of "breakout fake-outs". Which are never fun to deal with, but are an unavoidable part of participation in the stock market. This is when trade management skills pay off, not necessarily in terms of making …
The Chart Analyst 