Pre-market & Intra-day updates

There is not much going on market-wise, but there are a few things to watch. The US$ is going to become a much bigger story going forward, as the reaction from the 1/3/17 high has...

Right smack into the highs on Monday, there was wall to wall amateur hour coverage of the “breakout” of the Euro and the “collapse” of the $. Everyone had their charts out “proving” to us...

These 2 stocks are shown below with parameters. Neither is imminently a trade for me. USRM has to break below support before I would even consider it. And HTGM has gap areas below. so that...

Margin debt is once again at a record high, a reflection of investor bullishness that could just as easily turn into a bearish signal. The amount investors borrowed against their brokerage accounts climbed 4.9% to...

3:50 PM The miners are having a good day today, along with most everything except the crappy Euro. So the $ is up, bonds are up in price, gold, stocks – all of the correlations...

9:30 AM: To be clear, I am not shorting the $ at this resistance area. Just waiting for backups to see about entering long. Small stocks – HTGM was a nice trader yesterday and that’s...

From Jason Goepfert at SentimenTrader:  Confidence is nearing all-time highs. In both the Conference Board and University of Michigan surveys of consumer confidence, the readings for March were near the top 90% of all readings...

We’re watching OWCP and INNL to see if a gap up buy sets up. HTGM getting hit pre-market, so see if a reaction buy sets up – patience. And OCRX is interesting....

After the aborted selloff yesterday, nothing has changed regarding the overall big picture of the global stock markets. We’re still in a dangerous period time-wise from mid-March onward. This IWM (Russell Index) chart has the...

10:30 PM: Going against consensus on any time frame is usually an excellent opportunity. The stock market was “plunging” 1% and people were going nuts. The bears were out in full force extrapolating how far...