Trapdoor

Posted on Monday, April 9th, 2018

The bears won last week as any and all moves by the bulls were rebuffed. The bounces that are coming are of the bear market variety. They are large bounces on light volume as buy interest wanes. The gaps continue to remain unfilled at 2850 and 2700. The bear case is being validated. The 200… read more.

FANG’s Lay an Egg

Posted on Saturday, March 31st, 2018

The attack on the FANG’s is the second attack of 2018. The first was the short volatility trade that blew up in February. Each attack has a lasting effect on the market. The short vol trade suppressed the price of volatility which helped elevate stock prices. The dismantling of this trade is still reverberating through… read more.

Monday’s Blueprint for Markets

Posted on Sunday, March 25th, 2018

Here is our Blueprint for Monday and beyond. Since the election of Donald Trump we have been building an investing scenario that looked much like 1987. We were calling for a 1987 style melt up and then, a smack down. A 30% run from the lows before Election Day, much like 1987, …would put us… read more.