Trading News

Latest trends and news in the trading world.

Change of Trend?

Sideways trading generally muddies the waters, but this time the opposite happened. Starting on February 27, the sideways grind actually provided some clarity as the S&P carved out a pattern that suggested a ‘pop and drop’...

Pop and drop?!

Classical technical analysis and Elliott Wave theory have spotted something similar in the stock market https://www.marketwatch.com/story/this-sp-500-pattern-suggests-a-pop-and-drop-for-stocks-2019-03-07?mod=stocks

Fooling Investors….

Does the recent risk asset rally alter the effervescent particulars? Hardly. If anything, it may be fooling more folks into believing that future financial market bailouts will work precisely when the S&P 500 plummets -19.9%. (Long live the "Fed Put.") Ultimately,...

Liquidity Trumps Fundamentals

Liquidity Trumps Fundamentals   The market has been back in risk-on mode but with some strange internals as well as an ongoing disconnect with fundamentals. It has priced in a joyous cornucopia of Goldilocks assumptions: A return to global central bank liquidity...