by Thomas Thornton | Sep 30, 2021 | Daily Note
I am afraid of heights Today's note is short and to the point The markets are looking over a cliff A reminder of the October put spreads I recommended last month And I have a new SPY and QQQ put spread for you To access this post, you must purchase...
by Thomas Thornton | Sep 30, 2021 | First Call
S&P futures are up 0.35% and Nasdaq futures are up 0.45% well off highs in Thursday morning trading after US equities put in a mixed performance on Wednesday, unable to sustain a more meaningful bounce attempt from earlier in the session. Value outperformed again...
by Thomas Thornton | Sep 29, 2021 | Daily Note
Today is go into detail as simply as I can a DeMark indicator that has been qualified It's a signal that last happened with the S&P on March 4, 2020. I sold my longs yesterday as I didn't like the steep gap down and remain set up the most short since March 2020....
by Thomas Thornton | Sep 29, 2021 | First Call
S&P futures are up 0.6% off the highs in Wednesday morning trading after US equities came under pressure in the prior session with the Nasdaq 100 and Nasdaq Composite Indexes suffering their biggest declines since March as growth came under heightened scrutiny....
by Thomas Thornton | Sep 28, 2021 | Daily Note
The markets have had a long history of having supreme confidence in the Fed Could this be starting to change? Could the Fed and Powell become the scapegoat when there is the next crisis? Thoughts on today's "Nowhere to hide" market We might get a little bounce...