Friday, January 30, 2015

NYSE: Pick a Triangle; any Triangle......Bullish or Bearish?

NYSE Daily Chart @ Close 01/29/2015
Little to report as the Triangle mystery unfolds; our suspicion that is it a Bullish one & New Highs abound.
Whether they are nothing more than a 'fleeting' phenomena or not the larger question to be answered as Q1 2015 edges into the Deflation Fog.
Medium- Term; put us in the Skeptics/ Bears Camp as we sit out this part of the huge Rally since  2009/ 10/ 11....whichever one is your particular 'poison'.

Wednesday, January 7, 2015

Mad Hatters Christmas Rally hijacked by the Realist Grinch?

Dow Transports Daily Chart @ Close 01/06/2015
For those that have been reading; our Bearish Crude View since $100 (THE WEEKLY July 2014) has played out beyond even our wide- eyed expectations.
The ramification for Risk Assets has so far only been marginal; are the Transports portending something more meaningful & sinister?
Perhaps so.