Lee AdlerLast week I wrote that the 6 month cycle low setup was forming. Was this rally the beginning of the up phase? While we don’t…
Yesterday I posted the raw output of the daily technical screen I run of some 8700 listed NYSE and Nasdaq stonks. I pre filter for a minimum price of 6 bucks and minimum average volume of a million shares per day over the past 4 weeks. The I apply technical filters looking for short term cycle buy and sell signals near key longer period cycle support ranges. There were 34 results yesterday, all but one on the long side.
28 of those ended with a gain from the opening price. Of course one of the losers was the short. The average gain, including the losers, was 2.2%.
The all important 6 month and 10-12 month cycles are coming into the idealized time window for a low. Whether last week was it is…
Last week’s selloff did less damage than it may have felt like. The drop stopped in the area of 3 crossing uptrend lines, ranging in…
The Treasury is injecting still more cash into the market, on top of the $96 billion it already staged last week. It announced on Tuesday…
We may be skating on very thin ice here, but the weight of the evidence still supports a weak bull case for the near to…
If you are a cranky grizzly like me, you want to be short. Well, trust me, any time someone says , “Trust me,” I don’t…
Mike Tyson famously said, “Everyone has a plan until they get punched in the mouth.” OK, so the market didn’t quite punch us in the…
There were lots of sell signals last week, but this isn’t the big one. Yet. We just need to be prepared for it. Technical Trader…
Near term cycle projections have risen as the relentless mania just trends right along. We may as well take advantage, right? I’ve added a couple…
Short term cycles have topped out and concurrent down phases are ideally due to last 2-3 weeks. With weak upward momentum in the 6 month…
This report shows why that’s the target, and adds a few more swing trade picks to take advantage. Technical Trader subscribers click here to download…