Fishing Plan for Week of April 13 – 17: Bullish Into Earnings
The Week That Was Last week I anticipated $2800 would be tagged and it was. My range – as posted this weekend – was higher into $2800 but still holding the belief that we would begin to snake sideways from there. Curiously, institutions are already positioned for another flush lower. My worry/bet: On expectations that […]
Fishing Plan for Week of April 6 – 10: Mortgage Crisis Silver Lining
Market Thoughts Symmetry: The S&P 500 has recaptured exactly 21.5% from its intra-day low on March 23. It remains down a similar 21.5% from its intraday high on February 19. While not as beautifully symmetrical, after yesterday’s gains, the Dow, and the TSX are all higher by more than 20% but still lower by similar […]