Close Up - 2hr timeframe Expanded volatility on the horizon with the Expected Move from last week's $58 to this week's $90 The largest Expected Move we've seen in quite some time. Fireworks to start the year. S&P tagged the upper edge of last week's Expected Move. Always fun to see. I made a long term prediction over a year ago about the $3777 S&P level....
2020 View - 2hr timeframe Expanded volatility on the horizon with the Expected Move from last week's $58 to this week's $90 The largest Expected Move we've seen in quite some time. Fireworks to start the year. S&P tagged the upper edge of last week's Expected Move. Always fun to see. I made a long term prediction over a year ago about the $3777 S&P level....
Interesting leading indicator. HYG = RISK ON TLT = Risk OFF Signals risk off when money moves from High Yield into Fixed Income asset class.
Last week of the year. Congrats to those who have survived for another year. Best, - RH
Happy Holidays! This car has no breaks, but we're driving uphill. We're at an extraordinarily fragile position. We're at all time highs, up where there's rarefied air. Low Liquidity, Extreme Correlation, High Valuations. Bull Case: Stimulus bill Bear Case:...
Vol up substantially. IPOs are getting silly. WallStreet selling out to China.
Volume is light. The expected move is low. Bullish Seasonality vs. Bearish Economic Data I think we are close to exhausting this bullish run. Best of luck next week - RH
Gettin' risky Good luck next week folks, - RH
Expected Move is low but that's because we have Thanksgiving. Liquidity Issues are ongoing and accruing. Best luck next week; enjoy Thanksgiving, - RH
Getting Chilly. Best of luck next week folks, - RH
Goodluck this week folks. Big divergence between small caps and nasdaq. - RH
Awful bullish call last week. Got a pie in the face. We saw a 3 deviation move. Expansion of Expected move from last week's $78.5 to this week's $158.5. Good luck this week folks, - RH
Bullish call for next week. Downside action last 2 weeks has been too orderly. Bears aren't taking control. There's also quantitative historical evidence of positive drift leading into elections. Best of luck next week everyone. - RH
Shorter Term View. Careful next week. Expected move increased from last week's $72, to this week's $81. Risk metrics: VVIX Bonds Dollar Best, - RH
Looking for an indecisive week with technical significance within the red box I've drawn. Fall is in full swing. Happy Columbus Day everybody. Small Caps (IWM) & Transports (IYT) look bullish on higher timeframes which is a bullish leading indicator. Semiconductors (SMH) are outperforming Nasdaq (QQQ) which is another bullish leading indicator. Best of luck...
MACD suggests a bullish breakout is underway with lots of energy to expend. The cold hard Technical analysis is right there.