by Thomas Thornton | Mar 25, 2021 | Daily Note
We're seeing a lot of failed bounces in the last few weeks Dip buyers are still eager to buy all dips but will this continue if we move lower? It's useful with corrective action to look at the 60-minute charts to navigate the lower highs and lower lows On this note...
by Thomas Thornton | Mar 25, 2021 | First Call
S&P and Nasdaq futures are both down 0.45% at worst levels after US equities finished lower on Wednesday, selling off through the afternoon and ending near worst levels with growth/momentum/pandemic winners coming under pressure despite continued signs of rate...
by Thomas Thornton | Mar 24, 2021 | Daily Note
It's another flip flop day as what was working yesterday is down today and what wasn't working is up today A couple of changes on the Trade Ideas Sheet and another Tesla April Put Spread idea More on the note including a detailed look at the USD with DeMark Sequential...
by Thomas Thornton | Mar 24, 2021 | First Call
S&P futures up 0.4% after US equities finished lower on Tuesday with value extending its recent underperformance vs growth and momentum. Asian markets came under some pressure overnight with Japan and Hong Kong both down over 2%. European markets are weaker....
by Thomas Thornton | Mar 23, 2021 | Daily Note
It's the anniversary of the lows last year and it's deja vu with stocks that were hit the hardest are getting hit hard today Markets continue to chop in a range Bonds have a bid which isn't surprising with bond bullish sentiment at 18% up from a recent low of 9% bulls...
