Has the Market’s Timer Popped?

The larger the bird, the longer it takes to cook. Luckily, the handy red timer thingy pops when the bird of any size has roasted to perfection. Why then, do some...

Let’s Make A Deal

Ok, I might be dating myself, but what is happening in Washington reminds me of “Let’s Make a Deal,” one of the longest running TV game shows. This week’s market...

Did Somebody Say Turkey?

Turns out Grandma Retail XRT began cooking her family’s Thanksgiving feast today. Last week, brick and mortar XRT gave us an indication that she would consider cooking this year when...

How Long Can the Market Avoid Crushing the Bulls?

Transportation (IYT) is clearly the star of the week. Fueled by record sales from the Thanksgiving sales blitz, goods are moving. IYT, from the 50 daily moving average breakout and phase...

Market’s One-Arm Handstand on the Edge of a Chair

No doubt acrobatics, such as the one illustrated, require incredible strength, flexibility and focus. Only a handful of performers have the skill to pull off a one-armed handstand whilst balancing...

Better than Bitcoin

US equities market had a sloppy week with movement out of the Dow (DIA) -.44% and into the Russell 2000 (IWM) +1.27%, which had been languishing since early October. Most...

The Rally Trumpets an Appealing Yet Solemn Tone

A Trumpet, in the hands of an accomplished musician, can be played to sound like the penetrating cry of an elephant. How ironic that the elephant in the photo is...

Is the Market Over the Rainbow?

Recently, several of the Modern Family phases deteriorated. The Russell 2000, in a confirmed Warning phase for 2 whole days, today, returned to an unconfirmed Bullish phase. After holding the major...

Vicariously Juggling All the Pins the Market Throws Us

Tax Reform, North Korea, Powell’s confirmation, Political Incorrectness, and Cryptocurrencies are the top 5 pins the market juggles. There’s more. Mergers and acquisitions (Buffalo Wild Wings and Arby’s the latest), Amazon’s...

Market Spins on a Narrow Base

The metaphor of comparing the market to a circus performance began this week with an agile performer balancing precariously on one hand, while resting on an equally precarious stack...

Happy Thanksgiving

https://www.youtube.com/embed/VBeBPPeThkA The MarketGauge team extends best wishes to all and a special thanks to our extended family of loyal subscribers. We took a break this week and there will be...

[Vault] Fibonacci expansion: A better way to time price targets

Identifying turning points in the market can be a daunting task. If you are already in a position, it’s easy to let your emotions take over and throw your...