Market moving at turtle speed (that’s ok. It’s moving in the right direction)

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p70142979615&a=266398464 All we see are blue skies, smiling at me nothing but blue skies... etc etc...  We did some noodling with where stops should be.  On this chart they are…

Continue Reading Market moving at turtle speed (that’s ok. It’s moving in the right direction)

Flags flying? Trump tweeting…

http://stockcharts.com/freecharts/pnf.php?c=%24SPX,PWTADANRBO[PA][D][F1!3!!!2!20] The PnF system is looking for a target of 2639 in the SPX.  This seems quite feasible to us, and is supported by the candle chart. http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p70142979615&a=266398464 We may…

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Hurricane Trump blasts through market. Expected to overcloud market for years…

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p70142979615&a=266398464 Hurricane Trump blew through the market creating a pronounced downdraft in prices -- 20 someodd in the SPX and similar (a range of 158)  in the Dow.  There is…

Continue Reading Hurricane Trump blasts through market. Expected to overcloud market for years…