The Bulls Got Knocked Down…But Apparently Nobody Told Them to Stay Down! Thursday’s Cycle Day 3 session delivered a full-blown two-way auction, complete with early weakness, a morning recovery attempt, afternoon headline-driven turbulence, and an aggressive institutional-looking buy response from … Continue reading →

CYCLE DAY 2 — “JAM, SLAM… THEN REPAIR” Wednesday’s session was a textbook reminder that Cycle Day 2 has its own personality. It doesn’t necessarily want to trend. It doesn’t necessarily want to collapse. Sometimes it simply wants to rotate, … Continue reading →

  Cycle Day 1 — Mission Accomplished at 7885…Then the Market Changed Its Mind Tuesday kicked off a fresh Cycle Day 1, with 7830 designated as the Line in the Sand. Overnight trade had respected that level, keeping the dominant … Continue reading →

  CYCLE DAY 3 — WILD CARD GONE WILD 🚀 Well… That escalated quickly. Monday began innocently enough as a Cycle Day 3 Wild Card. By the afternoon, the Bulls had apparently misplaced the brake pedal, Mutual Funds discovered several … Continue reading →

  Cycle Day 2 — BAD IS GOOD… Until It Isn’t FRYday arrived carrying the September Jobs Report, and Wall Street once again demonstrated its remarkable ability to celebrate disappointing economic news. The headline numbers came in soft: Non-Farm Payrolls: … Continue reading →