Fed and FOMO to Accelerate Gains this Week? With the S&P 500 just about 1% away from turning positive for 2020, and with the Fed meeting this week, and with most bears’ denial of market strength turning into dismay which could be adding to the FOMO factor of this market’s rally…expect the markets to continue...
This Red Hot Bull Keeps Running Our theme this whole week has been, “With the predominantly – and overtly – bearish sentiment all around, there is room for further upside push/crush and our models caution against going short while above 3050”. Today’s meteoric rise on the heels of the surprise “gain” (of lost jobs) in...
Be Careful Playing With a Coiled Spring! With the breathtaking and head-scratching rally from the Covid-19 bottom that is leaving both pundits and laymen in awe, markets are approaching yet another set of key inflection points around 3100. As long as the supply of weak shorts continues and the real fundamentals of the markets have...
Markets Approaching Another Set of Key Inflection Points With the breathtaking and head-scratching rally from the Covid-19 bottom that is leaving both pundits and laymen in awe, markets are approaching yet another set of key inflection points around 3100. As long as the supply of weak shorts continues and the real fundamentals of the markets...