The historic market continues Historic in that there has not even been a pullback of consequence. The longer this lasts, the bigger the correction will be. Just study history. But…it seems the market is actually strengthening here. Pay no attention to the Dow here as it is the most extended. You will notice that the…
SOURCE: https://archives.warpradio.com/btr/investorsedge/011918.mp3
Yesterday’s bear market wasn’t so bad. Mostly BA finally having a down day even though the A/D was putrid. AMZN up nicely this morning as rumor they will raise PRIME price by 20%. IBM gapping down even though they finally had sales go north for first time in years. S&P futures flat but AMZN has…
SOURCE: https://archives.warpradio.com/btr/investorsedge/011818.mp3
SOURCE: https://www.reuters.com/article/us-venezuela-economy/enter-the-petro-venezuela-to-launch-oil-backed-cryptocurrency-idUSKBN1DX0SQ
Futures down a wee bit. Wild swings past couple of days. That is something to watch…but strength is strength. I have been asked if I have ever seen this before…to the extent of price, yes. To the extent of no pullbacks, no. Think we are in rarefied air. Not going to add much here. As…
SOURCE: https://archives.warpradio.com/btr/investorsedge/011718.mp3
Don’t worry about a nasty, high volume reversal. We’ll just gap it up the next day. Strong open awaits. I will stay silent about it except to say: I have been taught and have studied that changes in trend often occur with violent action after a large drop in price or after a large rally…
SOURCE: https://archives.warpradio.com/btr/investorsedge/011618.mp3
-By Gary Kaltbaum- January 16,2018- -To be brief, after a strong beginning of the year, on top of what we have seen the past 2-3 months, on top of what we have seen since the election, today’s action looks to be a classic exhaustion gap. After the run, the market gaps open big numbers and…
