It’s Christmas Eve and there is no Santa Claus rally. In fact, it is the exact opposite: it’s getting sold off in a HUGE way. There is a horror movie about the opposite of St. Nick and he’s called Krampus so I’m calling this the Krampus Krash. It is without a doubt the most violent […]
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Most of the financial talking heads on television have been looking for a “capitulation” drop in the markets to yield an “all clear” signal. That has been going on for weeks; however, with today’s FOMC statement many thought that TODAY was the day. It didn’t happen. In today’s video, I again show the macro levels […]
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Friday’s extreme weakness continued into Monday as I suggested would happen late last week. There is always the possibility of a short-term reprieve with news occurring over the weekend, but that didn’t happen to put a bid under the market Monday morning. Stocks plummeted to new lows again. Where may it be headed? February lows […]
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Here we go again – the market is extremely weak going into the Friday close. Remember the end-of-the-week wild rallies? Yeah, good times…but they’re gone. There is no single reason why it’s lower today but there is enough general bearishness to cause it. There is turmoil in France, Brexit problems, Italy and more. Additionally, the […]
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In today’s video, we discuss the recent entry of a recommendation of our Momentum Stocks room. In it, I show the importance of waiting for your spots, a deep entry in this case, when the overall market is so volatile.
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Last Friday’s extreme volatility continued into Monday’s trade. The indices were up before the open and then dropped hard, making new lows that breached important levels, like 2600.00 in the S&P 500 and 24,000 in the Dow. From there, the volatility switched and gained back all of the losses to close with gains. Without new […]
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The Wild Ride in the markets not only continued this week but became even more volatile! What’s more, the intra-moves are also a wild ride – not just the closing price. In today’s video, we discuss this action and where the market may go next.
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In today’s video, we discuss the impact of the meeting between the US and China at the G20 summit on the markets. There was neither a kumbaya moment nor an acrimonious and contentious meeting. The politicians did what they’re best at: They punted or kicked the can down the road.
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This weekend is an important G20 meeting in Argentina. This is a meeting of 19 individual countries and the EU, where they discuss the promotion of international financial stability. This weekend’s meeting, however, will take on more significance than normal because of the meeting between Trump and Xi. Will they make a trade deal, or […]
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After the subdued end to the holiday portion of last week, the market’s volatility is back Monday. All of the indices are up quite a bit due to rumors of the Fed and Italy in Europe. In today’s video, we discuss the macro picture of the NASDAQ as well as the S&P 500 charts; their […]
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