Once again, we find ourselves locked in the volatility box. You remember: it’s tight, tense, and ready to snap. This time we’ve got major cracks reappearing in the bond market - the market serious traders watch but everyone else ignores until it’s on fire. Then again, serious traders understand just
I spent the day watching a fragile market dance on a very thin tightrope. If you’ve been with me for a while, you’ll know how important I think monkey bars are; I use them constantly in selecting my trades. Well, the S P 500 just rejected the 50% monkey bar level - more on that in
As I record this, I’m watching the S Ps drift into the cash close with all the energy and conviction of a wet sponge. This situation puts one big blip on my radar: the market is sleepwalking into risk. Yeah, we’ve had an epic run from SPX 500 to 600, but let’s not kid ourselves… Upside
The powerful “Great Tech Reset” continues to unfold in this market. I’m convinced; semiconductors and various key tech tickers keep breaking out of beautiful bases only to hit new highs. Broadcom (AVGO) hit our upside target, $3.4 trillion juggernaut Nvidia (NVDA) is knocking on the door of new high
It was just two weeks ago that the markets’ bullish fervor came into question. The May 15, 2025 trading session saw gold (again) lead the S P 500 in the performance stakes - in a big way. At that point, it was an indication that the rally was about to run out of gas. Today we’re
We’re diving headfirst into another wild end to a holiday-shortened trading week. I’ve been pounding the table on this for days… and days now: This marketplace is no longer trading on fundamentals, it's trading on headlines. And not just any headlines - Tweets, posts, whatever we’re calling them now
The markets - and the emerging “TACO trade - were jolted by headlines again. This time, the usually-obscure US Court of International Trade called a halt to many of Trump’s tariffs. Stocks surged on the news… then dropped to give back the gains… and then began to fight back into the green for the da
You thought you had it all under control on the bullish end yesterday… Traders bought the dip; everything was going according to plan. Suddenly it’s today - and just as suddenly… you’re not so sure. Welcome to the squishy middle of market sentiment! “The squishy middle?” you ask. Well, it means the
Today’s price action looks bullish on the surface - consumer discretionary and tech are both up big. But don’t take that at face value. That’s because I think today’s rally may be more illusion than confirmation. Like I said, consumer discretionaries, (as tracked by XLY) are ripping, but take a clos
