Is the economy expanding?

June 24, 2020 5:04 pm / Published in SP500, SPX, SPY
I will allow the market participants to tell me. As far as I can see my models tell me to be careful at these levels. Chart from this article in the NYTimes.com The U.S. Entered a Recession in February. If sellers can not take the SP500 to 2920, the bulls should not worry much

SUPPLY AREA #SPX #SP500 #OIL

April 20, 2020 4:31 pm / Published in Market Update, Oil, SPX
A) UPDATE ON SP500 and POSITIONING Inside of the SUPPLY AREA and not reading the SELLING I was expecting. Please note the SUPPLY AREA on the chart #SPX #SP500 EARNING WILL TAKE OVER THIS MARKET STARTING THIS WEEK! Read Post from April 7th where we mark this area as important. As of today, I see

March End Update #SP500 View #GOLD #OIL #TECH

March 31, 2020 8:21 pm / Published in SPX
We have now evidences on how market participants behave during the fastest and deepest drop in US Equities in history. I have been reading every source that I trust and trying to make a logical rationale to give more probabilities to one of the two scenarios: UP or DOWN from here. However it is still

#Coronavirus: What are the chances of dying?

March 3, 2020 4:40 pm / Published in FED, Rates, SPX
#Coronavirus: What are the chances of dying?

Are you considering the long side? We are still not sure.

March 3, 2020 12:36 am / Published in * Trade Alert, AAPL, NDX, SPX
KEY POINTS BEFORE THINKING TO THE LONG SIDE: I need to see trading above the 50% Fib (3120 on ES) to consider the long side VIX need to trade lower for a second day AAPL should hold current levels or trade higher SPX and NDX strength should be again similar. |NDX had been much stronger.

SP500 IS ABOVE 25% YTD

December 13, 2019 7:28 pm / Published in SPX
SP500 IS ABOVE 25% YTD WITH A PE RATIO NEAR 23