FEEDThree day weekends tend to lead me to scurry around making up stuff to do. I put together a cool little page on Monday some of you might enjoy; click here to check it out. [Read More...]
I Walk the Line
FEEDToday was an historic day for multiple reasons. There were certain aspects of those, shall we say, histrionics that flowed into the market. I wanted to walk through these by way of horizontal price levels and tilted trendlines. Let’s start off with the Dow Jones Composite, which reached escaped velocity. It has been cramped underRead More 0 Comments [Read More...]
Split Vote
FEEDWell, I’ve been watching the Georgia results throughout the evening. How shall I put this? It’s, umm, not a landslide for anyone. It looks like it’ll be about a half-day more before the smoke clears, but the market doesn’t really seem to be giving any clear clues. On the one hand, the Russell thinks thingsRead More 0 Comments [Read More...]
Long, Long Wicks
FEEDIn the parlance of candlestick charting, a “wick” is the skinny line protruding either above or below the color rectangle (known as the “body”), and long wick typically denote volatility and uncertainty. The year 2020 was certainly chockablock with wicks, and below are eleven charts, constructed with annual bars, with some comments in each captionedRead More 0 Comments [Read More...]
We Have a Winner!
FEEDYa know, that time machine we’re always talking about – – it doesn’t even have to go back that FAR in time. One year is plenty! No one here really wants to romp around with dinosaurs, do they? Having said that, I have used SlopeMATRIX’s oh-so-cool “Statistics Mode” to reveal some of the biggest YTDRead More 0 Comments [Read More...]