Category Archives: Equities

Beware of Trannies That Lag

Posted on March 5, 2019 by

Summary We construct a relative performance index (TRP) of the Dow Transports and Dow Industrials Index  In all three large and major 2018 sell-offs, the TRP signaled an impending correction 7-18 trading days before markets rolled over The TRP peaked … Continue reading →

Posted in Equities, Uncategorized | Tagged , | 9 Comments

S&P500 Key Levels

Posted on February 12, 2019 by

The S&P closed right at or just a smidgen above its 200-day moving average.   The market rally based on a government shutdown deal?  Come on, man! Another government shutdown wasn’t priced, so why should stocks move on a deal? We … Continue reading →

Posted in Equities, Trade War, Trades, Uncategorized | Tagged , | 2 Comments

BFTP: Call Me Comrade!

Posted on February 8, 2019 by

BFTP = Blast From The Past Does it ever change? We were going through some old posts this morning and came across this pearl from over eight years ago.   Charges of socialism were also polluting the political environment back then … Continue reading →

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The Clash of Generations, Fed, China, And The S&P500

Posted on February 3, 2019 by

We begin the new week with the S&P500 up over 15 percent from the December 26th intraday low at 2346.58 and sitting right at the 100-day moving average (2710.88) and the key .618 Fibo retracement at 2713.88.    Last weekend … Continue reading →

Posted in Equities, Uncategorized | Tagged , , , | 5 Comments

S&P500 Key Levels

Posted on January 22, 2019 by

The S&P gave up 22 percent of its 6.54 percent YTD gain today. We nailed it in our 3 AM post, The Increasing Risk of A Major China Trade Debacle, Look to the government shutdown as your template as to how Trump … Continue reading →

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Our Autopsy On The Still Living Bear Market

Posted on January 16, 2019 by

Summary We believe the market is way off base in its analysis of what caused stocks to sell hard in 2018 The U.S. and world have a debt problem and yields need to mover higher in order for markets to … Continue reading →

Posted in Bonds, Equities, Uncategorized | 16 Comments

UPDATE: S&P500 Short

Posted on January 14, 2019 by

If you missed it, we sold five S&P500 e-minis at 2582 into the close.   The Doji like daily candlesticks over the past few trading sessions was our sell signal.  Note Doji’s have been the closest to ringing a bell at … Continue reading →

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S&P500 Key Levels

Posted on January 14, 2019 by

Our daily Doji candlestick, though not perfect but close enough for government work, was triggered at the close.  The S&P rally has stalled and is having trouble cracking through 2600. Squeezey in the overnight session with futures up 16 handles, … Continue reading →

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Shorting S&P500 Futures Into Close

Posted on January 14, 2019 by

Looks like we are going to get the Doji candlestick, or close to it, today, which is our sell signal and entry point.   Selling 5 e-mini futures right in here at 2582.  Stop at 2601.  Target 2400.   May add if … Continue reading →

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JFK-Trump S&P Analog 2.0

Posted on January 14, 2019 by

MarketWatch giving us some nice props in their excellent piece today on the back of the Zero Hedge post about our JFK-Trump S&P analog, which convinced us last February that global stocks had entered in a bear market and would soon “roll-over … Continue reading →

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