But what if the stars don’t align and the next move doesn’t decline to that prime and utterly sublime spot, to make your alerts chime? You ask, likely without the rhyme. Well then, it’s time to start ... ...more
Market Milestones
September 13, 2024•3 min read
The QQQ has two inverted bullish hammers, both closing under the 100DSMA. It reminds me a little of the Mufasa clinging to the side of the cliff, desperate trying not to fall into the raging stampede ... ...more
Market Milestones
September 06, 2024•3 min read
Given the current mixed bag of economic and macro factors and the underlying fear in this market, defensive stocks could continue to outperform. ...more
Market Milestones
August 29, 2024•4 min read
The Fed will announce the size of their rate cut in mid-September, as a cut is basically guaranteed at this point. However, the President of Money and Czar of the Economy, Jerome Powell, is speaking a... ...more
Market Milestones
August 23, 2024•4 min read
Mark Twain said, “History doesn’t repeat itself, but it often rhymes.” In that spirit, I spent many, many hours reliving the past through the price action of the QQQ from 1999 to the present day, in a... ...more
Market Milestones
August 16, 2024•5 min read
Let’s take a trip down memory lane to 11 days ago when the world was ending. World War III was trending on Twitter while a recession unlike any we have seen was right around the corner. The entire glo... ...more
Market Milestones
August 15, 2024•4 min read
There is a lot of weakness in this market but there are a few stand outs that are looking nice and bullish. Look for strength in this market as opposed to grabbing wildly at falling knives. ...more
Market Milestones
August 09, 2024•4 min read
The weakness we saw on Thursday comes from economic data hinting at the possibility that the all-knowing and almighty Fed may have held rates too high for too long, and their soft landing may be turni... ...more
Market Milestones
August 02, 2024•3 min read
When the time to buy comes, it’s never easy, it never feels great, and it doesn’t always work out. ...more
Market Milestones
July 26, 2024•4 min read
We took large profits into the $500.00 area on QQQ in our RLT Newsletter’s Prosperity Portfolio and Jerremy Newsome went entirely to cash. ...more
Market Milestones
July 19, 2024•3 min read
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