Weak bounce runs into resistance
Hello friends, The market has bounced from a somewhat oversold state over the last few
October 16, 2023
Hi friends,Just a brief notice that after my first child being born, I took a 'leave of absence' on this blog for the first year of his life. Now that things are calming down, expect new content soon again!Yours truly, TGS
Trend-followers are enjoying the current rally in U.S. equity indices, with the S&P 500 and Nasdaq continuing to grind higher, painting a picture of resilience. But beneath the index-level strength, individual stock trading remains erratic. Traders are grappling with choppy setups, navigating between punishing whipsaws and euphoric surges. This is
A few months back, before the April tariff crash (did people actually think 2025 Trump was going to be different than 2021 Trump?), I wrote a number of articles of how the US markets are trading in a choppy fashion, full of air pockets, climactic pump and dump, and blue-chip
Hi friends,Navigating global markets in the last few weeks has been an interesting affair, to say the least. After the April tariff crash, popular large-cap indices across the globe have recovered back to or near old price Highs made back Feb/March, staging a mind-bending power rally rivaling 2023 Nov/Dec and
Hello friends, The market has bounced from a somewhat oversold state over the last few
Hello friends, It looks like the flush has finally begun for good. Even the recalcitrant
The indices are now finally confirming each other in their slide, with the last of
Hello friends, Volatility is back – the fairly expected information (higher for longer into 2024)
The moment when the champagne pyramid collapses. The change of direction at the peak of
Hello friends, if there ever was any power in the first place in this bounce starting August
As a Founding Father, statesman, diplomat, inventor, author, publisher, scientist, philanthropist, political theorist, and abolitionist,
Hello friends, After the NASDAQ Composite has retraced roughly 9% of its rally since July
I’ve previously written (e.g. here, here or here) about how the current stock market environment shows a lot of parallels
Hello friends, As I pointed out the weeks before, the market had become mildly oversold
