Month: August 2017

We are not  “Dow theory” people. The Dow theory basically states the transports and the Dow should go hand in hand. You can go and look it up. We have seen plenty of times where one under-performs the other and the rest of the market does not crater. No matter what, we will just pay…

Yesterday…gap to the upside. Today…gap to the downside. And the Knicks still suck! CREE,LOW,LZB,RARE gap down…smaller gaps to the downside in CRM and INTU. Have a great day!

SOURCE: http://www.espn.com/sports/llws17/story/_/id/20410683/opposing-coaches-players-console-llws-pitcher-gave-walk-off

TESLA bonds should yield 8-9%… SOURCE: https://www.wsj.com/article_email/tesla-bonds-tumble-in-sign-of-concern-over-finances-1503350854-lMyQjAxMTI3MTI3MjgyNTI5Wj/ 

Last night, we told you we thought yesterday’s close indicated that a bounce was ready to happen. We don’t giving short term calls as we like talking big picture but thought worth mentioning because of what we saw. And lo and behold…nice gap to the upside today. Yippee. Keep in mind, this is so far,…

Did you see the close? Suspect we bounce here but suspect at best, some flopping and chopping. There are just too many stocks and areas now in rough shape so headwinds prevail. The good news remains major indices have only dropped a few percent…which is a no biggie. But internals blah. A lot more new…

No big Monday gap this morning. Futures flattish to up a wee bit. WUBA another Chinese name gapping up. HLF gaps up on possible buyout. Whoa is the short sellers of this stock. Only 23 million of the 66 million float shorted. Don’t go blind looking at eclipse. Make sure you have the glasses.

First off, we don’t know why but just about every Monday has seen a mystery gap to the upside in the market. But the name of the game is more deterioration in the market. We’ll just report the facts! Before this past week, the market was about 50-50 in our proprietary scan. We think it…