Video blog: market conditions and trend structure
I wanted to share a video that I do weekly for my research subscribers. (More information and a free trial is available here.) This is something a bit different from…
Five charts to start the week
I thought it might be useful to star the week with a look at trends and possible inflections in a number of major markets. Here's a quick look at stocks,…
Chart of the day: Short term setup in S&P 500 (6/5/15)
Yesterday’s moderately strong downtrend came within higher timeframe consolidation. This is still a market primed for a stronger trend move. Do not fade a break above or below key levels…
Chart of the day: S&P 500 short term setup (6/4/15)
This is still a market seeking a catalyst, though bullish factors continue to accumulate. Look for a strong rally above the 2121-2124 level; do not fade a breakout that holds…
Chart of the Day: S&P 500 short term setup (
Little motion and no new tactical information [yesterday]. Market is still consolidating and still in breakout mode: expect sharp continuation once the consolidation is decisively broken. The edge is still…
Chart of the day: S&P 500 short-term setup (6/1/15)
Overall context is a broad consolidation, with volatility contraction visible on intraday charts as a triangle. Within this area (and expect wide, “messy” definitions of the confines of the pattern—not…
Chart of the Day: S&P 500 short-term setup (5/29/15)
Bullish bias today, watching 2019 – 2025 as a reference range (not an exact level). Clearing this resistance could lead to a sharp rally. Failing to break that resistance could…
Chart of the Day: S&P 500 short-term setup (5/28/15)
Momentum begets momentum—selling, usually, leads to further selling. Yesterday sent a loud and clear warning to bears in US stocks: there is a lot of hidden bullish conviction. The rally…
Chart of the Day: S&P 500 short-term setup (5/27/15)
Yesterday's play was to not fade a break, up or down. This turned out to be correct, as the market gapped lower on the open, and did not look back…
Chart of the Day: S&P 500 short-term setup (5/26/15)
This post is the first in a series I will be extending for a week or two, focusing on short-term and intraday trading. Each day, I will be publishing a…
Bullish setups in US stock indexes
I've been writing about this for quite a while, tweeting about it, pointing out the relative strength in smaller cap names, constructive sector flows, volatility compression that could support a…
When markets go wild
Markets normally move in alternating waves of with-trend impulse moves interspersed with lower volatility pullbacks. This is a reliable trend pattern, and, in fact, is enough to base a trading…
A look at the current market conditions: trades, risks, and opportunities
I thought this was a good time to take a look at current market conditions in US stocks. This is certainly a time when risk, emotions, and volatility are elevated,…
Current market overview: weekly webinar
This is an important time in global markets. Equities are at a potentially important inflection, and short term noise may be misleading many players. Currencies have had some fantastic moves,…
Reading sector relative strength
[dc]R[/dc]elative strength is an important trading concept, and there are a lot of ways to define, monitor, and trade these relationships. Looking at the sector relative strength within the US…
Six trading ideas
Here are a few trading ideas. Some may be immediately executable; some may need to go on a watchlist. In most cases, these are consolidation plays and could be entered…