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...

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...

[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...

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...

Rallysaurus’ Fight for Survival

Long-time readers of the Daily should remember our Rallysaurus. One of the first times I introduced the concept was in June 2016. At the time I wrote, “A Rallysaurus, in honor...

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...

Good Times Bad Times (In the Market)

The Market’s had its share. Today’s good times: Regional Banks (KRE) jumped from a Distribution to Warning to a Bullish phase. And, in the course of 2 days. Good times because the...

Oil, Commodities and A Royal Flush

Excluding the NASDAQ 100 (QQQ), US equities markets tapped (not hit) the brakes this week, ending a two-month positive weekly run for the Dow Industrials. The small caps (IWM) sold...

US Stocks Led Last Week’s Rebound

Global equities, real estate and commodities posted solid gains last week, offsetting losses in bonds. Overall, it was a mixed week for the major asset classes, but an upside...

S&P Moves Skyward

The S&P 500 hit an all-time high on Tuesday and tied the record for the longest bull market ever as investors bet that the strengthening economy and booming corporate...

Tokyo Stocks End Lower On Lingering U.S.-China Trade Concerns

Tokyo stocks ended slightly lower Wednesday amid concern over the outlook for U.S.-China trade talks, but selling pressure was alleviated by expectations for continued monetary easing by the Bank...