The stimulus package didn’t arrive as expected. It didn’t matter. The S&P 500 and NASDAQ went to make a highest weekly close anyway. Inside the fabulous S&P 500 and NASDAQ all time highs, there are only 38% of the stocks went with the program to exceed the February 2020 high, 62% of the stocks are […]
Last Friday we sent an intraday alert to take profits in FSLY long trade. The exit alert was based on the fact that the NASDAQ index has been weaker relative to the Dow and S&P 500 indices. NASDAQ has a readable daily cycle top. With the both chambers of Congress going home without a […]
The stark difference between the NASDAQ and Russel 2000 index in the last four-year cycle (February 2016 – March 2020) is displaying the economical paradigm shift in plain sight. The last paradigm shift that is similar to today’s took place during the Great Depression. Back then, 40% of the economy was Agriculture. You need […]
Through the challenges imposed by the historic COVID-19 pandemic, the stock market has sorted out the winners and losers in the new digital economy. It has produced a list companies that can perform, or even perform better during the COVID-19 crisis when the economy was shut down forcefully. You need to login to view the […]
We sent out a private note to our subscribers last Thursday stating that the NASDAQ index has experienced three distribution days so far. Last Friday the NASDAQ also had a sizable selloff but with a light volume, therefore last Friday was not a distribution day. And amazingly the low of last Friday stopped right […]
Last Monday the NASDAQ had a sizable momentum reversal on the downside. The following four trading days had very choppy indecisive rotations while certain speculative vaccine stocks were trading on high momentum and the stay home leading stocks such as AMZN and NFLX suffered badly to form a temporary top. You need to login to […]
