Intermarket Chart Attack: Volatility Impulse Is Getting Closer
I have a philosophy on trouble. Don’t feed it, and maybe it will go away. –Frank Sinatra Let’s face it, this market party is getting really wild and for those who don’t want trouble, it’s a good time to leave. I know not what will happen next, but I am envisioning some type of ‘distrubance’ […]
Intermarket Chart Attack: Inflation Bet With Commodities – Early Innings
You want to know when I think Yields really get moving higher? After Bonds reverse of course… Inflation absolutely looks poised for higher, in time, which would support my yield pop thesis as well: Same TIP:TLT ratio from a slightly different perspective, but still bullish next few months, especially as Fed likely does not step […]
Highlights From Today’s Live Trading Room: Friday June 5th
Highlights From FRIDAY’S Live Trading Room Note: Steve Charros here. I will be assisting Samantha in summarizing the action from inside her live trading room each day as Samantha, Archna and I endeavor to capture, push out and manage the Brokerage-Triggered Trade Alerts. To activate/switch portfolios for Trade Alerts, go to Manage Trade Alert Categories […]
Intermarket Chart Attack: Sell What In May?
Big Picture: We are still in a bear market. And as I suggested in late March, I see a multi-month process of digesting the out-sized downdraft in Feb/March, which includes both large rallies and failures. We have only seen the April bear market rally. But as we enter...Intermarket Chart Attack: Digestion, Indigestion
Playbook My last Intermarket Chart review I primarily wanted to revisit my ‘before’ and ‘after’ charts from my recent market timing calls: Intermarket Chart Attack: 1929 or 2008. In this post, I want to highlight certain themes for continuation...Fishing Plan for Week of March 30 – April 3: Worst Quarter Evah
Historical Moves In Charts Dow lost 10,000 points – it’s worst quarterly drop in 125 year history of the Dow. VIX advanced 314% – its largest quarterly gain ever. VIX set a new all-time closing high, $85.47, surpassing the prior closing high of...Intermarket Chart Attack: 1929 or 2008
Worse Than 2008, More Like 1929 As I said repeatedly over the past few weeks to clients: This market is worse than 2008. My Interview with ForexAnalytix and my client posts and videos past month have demonstrated that I see this crisis as unlike any others. From March...Gone Fishing Newsletter: The Economic Event of Our Lifetime
Macro Matters Below I include a Guest Captain Commentary that dovetails perfectly with my Macro thesis. Practically every word of Steve’s missive I support (bolded emphasis/red highlights mine), as I have repeatedly called out in my market analysis for clients. Further, I believe the following five themes frame the backdrop of challenges to our economy and […]
Fishing Plan for Week of Feb 10-14th: Tuesday
Market Timing Calls In follow up to my recent “Fishing Plans” for last week and even as recently as Monday: Market: $SPX $3400 PT this wk from $3235 last Monday Feb 3rd – in play despite slight pullback EOD today, which I suggested in my live trading...Fishing Plan for Week of Feb 10-14th: Monday
Market Thoughts My market timing call Friday: Going into the weekend with headline and actual risk, we see bonds and gold getting bid up while miners and silver sell off. Tech is rallying but I contend we are approaching a point soon where this likely becomes a Sold...Macro-to-Micro: Trading The CoronaVirus Rally
UNLOCKED Member content so you can see how I approach each trading day with setups we are trading NOW: SPX levels bullish + bearish, Macro trades, sector rotation, chases, swings and how CoronaVirus impacted my trading setups for clients. $SPX $DXY $USDCNH $TLT $TNX...UNLOCKED Member Content: Macro-to-Micro Trading The CoronaVirus Rally
UNLOCKED Member Content: Macro-to-Micro Trading The CoronaVirus Rally Here’s a summary of today’s Live Trading Room action: SPX levels bullish + bearish, Macro trades, sector rotation, chases and swings, plus how CoronaVirus impacted my trading setups for...Intermarket Chart Attack: While Waiting For A Rug Pull
While waiting for a rug pull (next 30 days I suspect), here are the strongest looking charts – both Intermarket and Sector. McClellan Summation is still pointing upwards with MACD now cooperating. This is bullish SPY until it reverses. Nasdaq McClellan Summation Index is also pointing upwards, although RSI is strongly overbought. This is still […]