Watch-Lists

Buy Low, Sell High - who even does that.   Who even buy's high?  No, it is "buy higher" now.  Yup, with 96% of S&P 500 stocks trading above their 50-day moving average (seriously, who are the 20 stocks that can't get their act together here?), and the highest reading this century, the market knows nothing

I could almost memorize my watch-list if I really wanted to.  In the history of doing this website, I have never found so few short setups in my life, and to be honest, most of these are barely hanging on to this watch-list, as another day of rallying, and I’m likely to not have a

A tiresome, far too predictable, and difficult to trade market  Frustrated and annoyed by the stock market? You are not alone. The bears have no back bone, institutions are absent from the rally, and all you have left is a bunch of David Portnoy fan boys (FYI – I do like his Pizza reviews) who’s

A two-day pullback has become a generational buying opportunity for this market.  You can’t get any more than that without a rip-your-face-off rally thereafter. The dip buyers, the algorithms, the Robinhood Bro’s – the only thing they know to do is to buy the dip. No volume, no problem, they thrive in this environment, and

If you still think this is a free market, I have a bridge to nowhere I'll sell you.  Look, whether the market continues to go up or it eventually corrects itself, I'll align myself with its direction accordingly. But in doing so, doesn't mean I agree with what the market has become. It sickens me

Conditions are looking bad beneath the surface.  This market is rallying right now, mainly because of five stocks. Six if you want to throw Netflix (NFLX) in there too. These stocks have a huge sway on the overall market: Amazon (AMZN), Facebook (FB), Alphabet (GOOGL), Apple (AAPL) and Microsoft (MSFT). 

Tech continues to be unstoppable – rising for a sixth straight day.   You’d probably expect that there’d be more tech stocks on the list, but I’ve had to take so much of them off the list because they have gone straight parabolic over the past week. Many of which have seen gains of over 20%. 

The breadth on this market is absolutely putrid.  But that is the kind of lunacy we have seen in this market of late. Every index is trading higher, yet the bears still hold a 3:2 edge on declining issues over advancing ones. $VIX has tumbled off of its highs, because volume levels on $SPY is

Bulls are using the force on this May the Fourth to push the markets into positive territory.  However the breadth is absolutely putrid, and once again we are seeing a flight into technology, primarily in the big tech giants, as Apple (AAPL), Netflix (NFLX), Facebook (FB), Amazon (AMZN), and Microsoft (MSFT) are ripping the faces

A fly in the ointment. Watching today's price action, I could be wrong, but I think this market is on the verge of breaking. The Russell 2000 is sitting at some heavy weekly resistance, the FAANG stocks are taking on some heavy losses, today, and SPX tested the 61.8% retarcement level today and failed miserably