Our View I keep saying the selloff is not over but got caught with my pants down last Friday. Unlike other market-trading newsletters, I admit when I’m wrong and I had Friday wrong. It’s been a seller’s market and the truth is, the markets are not done on the downside. I still see ES 3800 […]
Our View Tuesday was not a very good session for the bulls. After a strong start on Monday — with the daily-up rotation highlighted in the Technical Edge section — it was off to the races. However, bulls quickly found themselves in reverse on Tuesday. The weak bond market put pressure on Nasdaq and in […]
Our View Tuesday was not a very good session for the bulls. After a strong start on Monday — with the daily-up rotation highlighted in the Technical Edge section — it was off to the races. However, bulls quickly found themselves in reverse on Tuesday. The weak bond market put pressure on Nasdaq and in […]
Our View Tuesday was not a very good session for the bulls. After a strong start on Monday — with the daily-up rotation highlighted in the Technical Edge section — it was off to the races. However, bulls quickly found themselves in reverse on Tuesday. The weak bond market put pressure on Nasdaq and in […]
Our View Are the lows in? My bull side says buy every pullback going forward, but my street smarts say there are 284 days left in 2022 and that anything can happen. And if the markets do continue to short cover, they will do it in the face of large economic and geopolitical uncertainties. I […]
Our View Are the lows in? My bull side says buy every pullback going forward, but my street smarts say there are 284 days left in 2022 and that anything can happen. And if the markets do continue to short cover, they will do it in the face of large economic and geopolitical uncertainties. I […]
Globex High 4474.75 Low 4431.00 Volume 350,00 Our View The markets can run from their problems but not hide. Under the surface, selling has been very consistent over the last two weeks and you could clearly see it on yesterday’s MiM, with $3.6 billion for sale. Geopolitical tensions, high inflation, and the Federal Reserve preparing […]
Globex High 4474.75 Low 4431.00 Volume 350,00 Our View The markets can run from their problems but not hide. Under the surface, selling has been very consistent over the last two weeks and you could clearly see it on yesterday’s MiM, with $3.6 billion for sale. Geopolitical tensions, high inflation, and the Federal Reserve preparing […]
Our View — Nifty 50 vs FAANG I know these markets are rough right now, but even if they rally, I still think it has a “buyers beware” sign on it. I have always said the S&P tends to take bad news and make good of it, but remember, we are only 7 weeks into […]
Danny’s View: Sell in May and Walk Away, If Not Earlier