-
Red
Posts
Black Candle Tuesday…
What do Black Candles on a chart mean? Look at the chart below, and you tell me. Look at what happened after each black candle...
Typical Bullish Monday…
Well, it comes as no surprise that today up again. After all, every Monday is now bullish... a new rule created by the people who...
Weekend Update…
I see no point in trying to forecast intraday, or even daily moves in this extremely manipulated stock market. So, I'm going to focus on...
Bear Shake…
NO POST FRIDAY... NOTHING CHANGED! NEXT POST SUNDAY NIGHT. This is How I feel... Clueless! More bears were shook out the tree today as buy...
Still In Rising Channel…
Some wild swings in the morning, and then some sideways chop until the close... but we're still in the rising channel on the 60 minute...
Strange Sell Off Today…
The market sold off today on a worst then expected consumer confidence number. Duh! I could have told you that! Well, I guess they have...
Light Volume Equals A Boring Market…
With only 132 million shares traded on the SPY, the market basically went nowhere. Nothing has changed since the March low from 2009, as light...
Weekend Update…
Bullish Monday again? Yes, it's possible... I know us bears can't seem to believe that the market could go higher, but it can. When you...
A Non-Event Day…
It seems that the Fed's out-smarted the bears again, as the rate increase yesterday didn't affect the market at all today. You could have just...
Fed’s Increase Rates…
After hours the Fed released that they are increasing rates from .50 to .75, which caused a sell off to start and will most likely...
