Blog

BLOW-OFF PHASE FOR STOCKS COMPLETING BY MONDAY The surge in NQ this week was great and we had started to see it last  Friday and into the weekend but it is mostly APPLE and NVDA although Tesla is participating today.  RSP, which is the equal-weighted S & P is below the old high of 169 […]

THAT ELUSIVE STOCK MARKET TOP  While Dow Transports and Industrials gave early topping signals and Russell has been struggling, NQ and the S & P have not give it up yet. We are still friendly stocks for about a week until S & P cash hits 5400 and not in trouble unless S & P […]

SIGNS OF TOPPING STOCKS (5/30): DOW futures are still shedding and got down to 38140 overnight. S & P cash got to 5235 overnight which was closer to the minimum target of 5225-5220.  NQ held 18657 overnight on futures and is the only safe place that funds feel good about parking money—but for how much […]

MARKETS ON THE EDGE OF BIG MOVES: Crude has been warning us all week that it is tiring and hit 7689 overnight which is a more bearish signal but that the market has to take out 7500.   Silver again failed to break out overnight and take out 2790 and if so it may only go […]

JUNE NQ 100 FUTURES NOTES TODAY’S COMMENTS: (4/24) NQ got to 17795 today and a B wave pullback could get to 17515 in the next day  before the market would get up to 18050 or a bit more into Friday/Monday.  This is the last chance to get out of tech stocks which should fall into […]

Stock Market Top Signal Confirmed–What’s Next? We had discussed that a close under 5090 on the S & P would be a first topping signal for stocks and the 2nd one will come with a close below 4936 on S & P cash.  We do see a secondary high into April 22-28th but it is […]

We got our hawish PPI print and we can throw a June cut out the window and that has been obvious since oil took out 80.00 a barrel.  We are still waiting to see if key S & P prints 5090 on cash and 17830 on NQ futures can develop  and start to break the […]

NEXT ENTRY FOR GOLD? Gold already hit the first target we discussed in previous blogs at 2222. What’s next?   For those who like markets that go up and accelerate, this is the best thing out there except for Bitcoin and tech stocks are close to the end.  We sense a Black Swan event the week […]

LAST STOCK MARKET LIFT-OFF (3/20)   The FOMC did not raise rates and the majority of FOMC members are looking for 3 rate cuts by Dec. although they dialed back 2025 and 2026 rate cuts.  The S & P cash has made a new high on the move and cycle highs dominate into the first […]