Monday, October 23, 2017

Bull Market Never Die of Excessive Skepticism and Doubt

News
I and likely many regular readers tire of the constant reminder that bull markets NEVER die of excessive skepticism and doubt. Bull markets, born on pessimism, feast on skepticism and doubt until they get fat, complacent, and excessive optimistic about the future.  The latter, excessive optimism, kills bull markets.

Selling extreme optimism without knowing exactly how to define it is not only dangerous but also foolish (see Sentiment Review). Millions investors, nevertheless, will do just that and pat themselves on the back for being smart while my sentiment model screams don't do it.

Headline: The S&P just broke a remarkable streak that could signal the late innings for this bull market

The S&P 500 just posted a historic winning streak, but some market participants are predicting that the long-running bull market could be on its last legs.

According to Ryan Detrick, senior market strategist at LPL Financial, the S&P 500 has now gone 242 trading sessions without a 3 percent pullback — its longest streak ever and topping the previous record of 241 days set in 1995. Since the most recent streak began, the S&P has posted more than 20 percent returns over that period of time.


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Market-driven money flow, trend, and intermarket analysis is provided by an Insights key.

#Coffee Review $JO

US TBonds Review
Those that view the message of the market on daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to explain trading noise as a meaningful trend. This confuses the majority which, in turn, contributes to their role as bagholders of trend transitions.

US Treasury Bond's overall trend, revealed by trends of price, leverage, and time, are defined in the The Matrix for subscribers.

Subscriber Comments

Secondary and primary trend alignment defines multi-month decline. Traders follow these trends as long as alignment and TIME permit.

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Market-driven money flow, trend, and intermarket analysis is provided by an Insights key.

#Euro Review $FXE

Euro Review
Those that view the message of the market on daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to explain trading noise as a meaningful trend. This confuses the majority which, in turn, contributes to their role as bagholders of trend transitions.

The Euro's overall trend, revealed by trends of price, leverage, and time, are defined in the The Matrix for subscribers.

Subscriber Comments

Secondary and primary trend alignment defines a powerful and largely unexpected multi-month rally. The bulls follow these trends as long as alignment and TIME permit. Smart money, a group slowly selling to an optimistic majority, recognizes an aging trend that will likely reverse in 2018.

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Market-driven money flow, trend, and intermarket analysis is provided by an Insights key.

Sunday, October 22, 2017

Heating Oil Review $UHN

Heating Oil Review
Those that view the message of the market on daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to explain trading noise as a meaningful trend. This confuses the majority which, in turn, contributes to their role as bagholders of trend transitions.

Heating Oil's overall trend, revealed by trends of price, leverage, and time, are defined in the The Matrix for subscribers.

Subscriber Comments

Secondary and primary trend alignment defines a multi-month rally. Traders follow these trends as long as alignment and TIME permit.

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Market-driven money flow, trend, and intermarket analysis is provided by an Insights key.

#Gold Review $GLD

Gold Review
Those that view the message of the market on daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to explain trading noise as a meaningful trend. This confuses the majority which, in turn, contributes to their role as bagholders of trend transitions.

Gold's overall trend, revealed by trends of price, leverage, and time, are defined in the The Matrix for subscribers.

Subscriber Comments

Secondary and primary trend alignment defines a lackluster multi-month rally. Traders follow these trends as long as alignment and TIME permit.

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Market-driven money flow, trend, and intermarket analysis is provided by an Insights key.

Reading the Tape #Bitcoin $AAPL, $AMZN, $ATR, $BABA, $EBAY, $GBTC, $NFLX, $NVDA, $TSLA

Reading the Tape
Traders read the tape - ticker tape in the old days to determine the recent buying and selling pressure. Here lies the importance of volume. It's easy to spot a large buyer or seller when the volume is light. Big buyers usually enter before big moves.

Jesse Livermore read the tape and never fought it.

Of course there is always a reason for fluctuations, but the tape does not concern itself with the why or wherefore. It doesn’t go into explanations. I didn’t ask the tape why when I was fourteen, and I don’t ask it today at forty…, Reminiscences of a Stock Operator.


While the tape, often triggered by price in reaction or anticipation of the new flow, is triggered by price, it's fueled by force. Volume is the domain of force. Traders/investors must learn to read the force behind the trend.

Subscriber Comments

Secondary and primary trends of Apple, Amazon, Aptar Group, Alibaba, Ebay, Bitcoin Invst Trst, Alphabet/Google, Netflix, Nvidia, and Tesla. Follow alignment.



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Market-driven money flow, trend, and intermarket analysis is provided by an Insights key.

Saturday, October 21, 2017

Trading Notes Updated

Trading Notes
Bulls make money, bears make money, and but PIGS get slaughtered" is an old Wall Street saying that warns traders against the danger of excessive greed. Disciplined traders always remove their own capital (initial investments) as fast as possible and risk only other people's money while watching TIME and trend energy. TIME is defined by cycles unique to each market, while energy is defined by DI and CAP in the Matrix.



Trading Notes can be accessed with a special key.

Trading Notes Sample: 07/03/17

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Market-driven money flow, trend, and intermarket analysis is provided by an Insights key.