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So Many Negative Divergences. But Big Stocks Still Will Not Roll Over
With the DJT, RTY, /ZB, and /YM negatively diverging, it would be easy to say “short the SPX.” But until I see defined bearish patterns, I will back away from that strategy.
OpEx Trading Day Recap
With metals on the move, trade in gold as well as FCX were on tap today as the monthly expiration has come and gone.
Markets Are Still Moving on Momentum, Not Fundamentals
With markets moving on momentum, traders do not care about the high P/E’s or the low dividend yield on the SPX… Yet.
Pedal To The Metal
Outperforming metals and mining are all too often overlooked. With strength in copper, gold, silver, and uranium, the trends are in place to find follow-through higher.





