Trader’s Narrative

So the Fed came in with a 25 basis point cut, as expected by the markets, and everything went to hell in a hand basket. Hmm, I wonder if you can tell when, exactly, the news came out:

The bond market closes at 3pm, while the equity markets close an hour later. So stocks had one […]

Here is the latest video commentary by Tony Oz:
Apple is at a new 52 week high - is the Dow next?
Take a look at his analysis. He covers Apple and the general market indices as well as a few other individual stocks from his own proprietary filters.

“Apple has made a new 52 week high and […]

With the impending FOMC decision, traders are going to be twitchy and nervous. Although a 25 basis point cut is baked in, until we get confirmation, the market will probably not trend.
If you’ve been reading the blog for the past few weeks, you’re no stranger to my repeated bullish commentary. The market seems to have […]

If you’ve surfed the web for any significant amount, you’ve encountered this image at least a dozen times already:

Hint: it is a major website.
background image, internet, mystery, website

Last week something quite remarkable happened. We saw an almost back to back buying frenzy in the markets which pushed the internal breadth into the stratosphere.
How explosive was it? On the NYSE, 90-95% of the volume was for stocks that went up in value. To see a more concentrated torrent of buy orders we’d have […]