Our View Today is CPI day. My guess is the number will be bad, but I think it’s already priced in. That doesn’t mean a horrible number won’t get sold, I just think it’s going to rally after the knee-jerk. We pointed out last week how the MIM had flipped from big MOC sells to […]
Our View I was humbled twice yesterday. Once by the results of the Opening Print poll Bret sent out and once by the markets. In the nearly 30 years of writing the OP, I never thought I would get such great feedback — THANK YOU! — and I promise to work on everything we can […]
Our View I was humbled twice yesterday. Once by the results of the Opening Print poll Bret sent out and once by the markets. In the nearly 30 years of writing the OP, I never thought I would get such great feedback — THANK YOU! — and I promise to work on everything we can […]
Our View The PitBull has been negative since the middle of November and told me he thinks the markets are going to get killed — and fast. He also said he thinks people are offside going into the January expiration. “You know how I do my charts every night and how many of the hot […]
Our View The PitBull has been negative since the middle of November and told me he thinks the markets are going to get killed — and fast. He also said he thinks people are offside going into the January expiration. “You know how I do my charts every night and how many of the hot […]
Daily Recap Bonds can’t fall forever and neither can the Nasdaq. Along with big declines, come big short-covering rallies. Yesterday’s weakness was due to the 10-year note climbing to 1.866%, its highest level in two years, and closing at the highs. As of yesterday’s close, the Dow is down 2.7% year to date, while the […]
Daily Recap Bonds can’t fall forever and neither can the Nasdaq. Along with big declines, come big short-covering rallies. Yesterday’s weakness was due to the 10-year note climbing to 1.866%, its highest level in two years, and closing at the highs. As of yesterday’s close, the Dow is down 2.7% year to date, while the […]
Daily Recap Bonds can’t fall forever and neither can the Nasdaq. Along with big declines, come big short-covering rallies. Yesterday’s weakness was due to the 10-year note climbing to 1.866%, its highest level in two years, and closing at the highs. As of yesterday’s close, the Dow is down 2.7% year to date, while the […]
Market Review Topic: PTG 3 Day Cycle (a.k.a. Taylor Trading Technique) Author: David D Dube (a.k.a. PTGDavid) Polaris Trading Group Tuesday’s Session was Cycle Day 1 (CD1): Price recovered its prior session losses as trend day down (CD3), was replaced with trend day up (CD1). The market does not appear to have a consensus of […]
Danny’s View: Bonds Fall and Stocks Rally; How Long Will That Last?