Drag the blue slider to reveal the day's price action. Dots on the timeline represent comments and can be clicked. View the table below for all market-related comments and annotated charts (including those from after hours).
Click to expand content and reposition slider.
|PRE-OPEN MARKET COMMENTS MONDAY – Since the 210 point S&P 500 rally on November 10th, the action has died down considerably. We will be in pre-holiday mode this week and the news is light. This is setting up for dull...|
|Bearish 1OP cross M5 and the last bullish cycle did not produce much. Very light volume so far.|
|For those of you trying to get your win rate up, patience is very important. That is especially true on a day like this. If you have excellent stocks on a D1 basis (long or short) then you have to...|
|Along the way you are confirming RS/RW and volume.|
|Right now I would NOT call SPY M5 a bullish cross. 1OP had a bearish cross and it dropped to the zero line. Now it is just sitting there.|
|I was reading this morning that GS is projecting a bear market next year with a high of /ES 4000. MS is projecting a decline in the first qtr to /ES 3000|
|Someone ran over 1OP with a steam roller. The first bear cross was good. It is working and it is updating. Until it distances itself from the zero line it is of little use.|
|Seeing some resistance at hod. Long green candle at hod erased and now the open from that candle has been breached. Mkt has not been able to challenge that high. If you stay at an extreme today for more than...|
|I am going to take Tues and Fri off. I will be here Wed. My market comments from this morning will be a carbon copy Tues.|
|When it's slow like this it is best to keep my market comments to a minimum. Anything that looks like it is setting up is probably just a head fake. If the volume is light Tues (expect that) we will...|
|Days like this. Hit and run.|