When the Market Refuses to Fall
One of the most important things to learn while trading is that the Market is in control of everything. Whether we think it makes sense or not, there's no point in
Local Optima
Favorable CPI Report... and the Market Soars
The Consumer Price Index (CPI) report measures the change in consumer prices based on a representative basket of goods and services over time. With the favorable CPI report released today the news were
Time for a Market Pause?
The rally that started on Jul/14 is surprisingly still alive. The main indexes have had some decent gains without any serious pullback. Only the Nasdaq and the Russell 2000 remain in Bear
Overbought Daily Levels at S&P 500
The Market is displaying an interesting behavior that we haven't seen in months. In my previous articles I mentioned that there were several repeating behaviors that kept an amazing consistency through
A Pullback Still Highly Likely
The Market rallied today based on better than expected earnings from some mega-cap technology companies. The comments from the Fed Chair Jerome Powell accelerated the rally towards the end of the trading session,