I'll try to clarify. It is not that uncommon for a stock to close with an RSI above 80 in a market rally. AVGO, NVDA, META, and TSLA have all had...
I'm kicking myself a little for not going short bigger on yesterday mornings open, (sqqq), when the RSI breached 80 on the qqq. Should have relied...
I wouldn't say crash, but over-due for a pull back. The Nasdaq comp is seriously overbought, just a breath away from stupid overbought. I can tell...
SVB 's CFO last job before joining SVB was CFO at Lehman before they went down the toilet. Wonder who he'll work for next. Probably get a...
First, I should say that I don't trade individual stocks. RSI indicators are my most valuable too, but not my only tool. The only charts I use...
Hi Ken, I'm looking for another up week for the broader market. In the last year there have only been 3 instances where the broader market has had...
Treasuries and the market were both moderately oversold, particularly the selloff in treasuries. The RSI for both were at 25. The technical trade...
Actually, the headline is true. Household Assets and US Total National Assets have been in decline since the third week in December of 2021. From...
Hi Ken, Actually, Tuesday two hours before the close was the optimal time to go short for a trade. RSI indicators were screaming overbought for...
I don't see a top, but I can definitively say the market as a whole hasn't been this overbought in the last 3 years, since I started keeping track...
Hi Nine Ender, First, I said "practically everything", not everything. Second, I'm talking about essentials and necessities, not about...
Clinton had a budget surplus in only 1 year, his last. It was just creative accounting, because the money was spent elsewhere and not to reduce...
The perception that there is only 2% annual inflation does not hold water. If it did, that would mean there's has been only 42% inflation since...
And there you go, Treasury yields.
Because it's too painful most of the time, and the only people who deserve that kind of kick in the groin, are politicians ! Its also an...
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