The market action lately has been wild enough to make your head spin. While some are calling a bottom, my analysis of the monthly charts tells a different story - one that suggests this selloff could just be getting started. Here's what's keeping me up at night: How the "selective selling" we're see
I love saving money as much as the next guy, but sometimes “discount” is not synonymous with “bargain.” That’s especially true of stocks. We’ve seen interest rates come down a bit over the last few weeks, which naturally has the talking heads talking up things like homebuilders, real estate, and rea
We got a 1.5%-ish rally this afternoon. After a sloppy start in the morning, by about 1:45 PM or so, stocks were going up with no looking back. Not that it was all gravy; some of the biggest stocks out there are down big-time for the past five days. In fact, I’ve got to be
The bulls took out some key technical lows today, and, as of this writing, shorts are getting squeezed in a lot of places. Crypto has been very volatile over the past few days, even after Trump’s announcement of a “strategic crypto reserve” consisting of a few select tokens. At the same time, the gr
On February 18, 2025 I walked through a signal I got back on Valentine's Day… The signal indicated a 5% to 10% correction in the market. How did I arrive at that figure? It's simple. The selloff was of the severity you’d typically get following the signal given. Now, expecting a correction is one th
The other day I showed everyone just how on-edge the markets really are. It’s very dicey, at least for buy-and-hold bulls. (For us, it’s dynamite; we made 254% on our SPX butterfly) Now, after the NASDAQ tanked yesterday, you might be thinking, “Hey, we’ve had a selloff. The worst is over. That’s th
Over the past few weeks, we’ve looked into disparate corners of the economy and come to the conclusion that… It’s complicated. There are signs of trouble ahead, like economic slowdown and resurgent inflation, but also signs of strength, like healthy demand - at least in some places. Today we’re goin
I’ve been pounding the table about the volatility “box” stocks have been pinballing around since the 2024 election. The “box” is just a 200-point range, basically. It’s between two critical levels at 5900 on the lower end and 6100 on the upper. We’ve poked our heads above that 6100 level about five
You don’t have to be a seasoned stock technician that reads charts in their sleep to be able to sense something has changed in this market - and, depending on your point of view, not for the better. The folks following along with me in TheoChat got warning of this on Friday, when our model
