


$148 Current Price $230 - $260 Max Price target. Doing a little target practice.
Contrarian bet against the onslaught of bond bears. RH Technicals vs. WallStreet - Clean, MACD Bullish Divergence - Descending Triangle, Completed E-wave signals new trend. - 61.8% Fibonacci Retracement hit; Also referred to as the Golden Retracement . It is, after all, based on the Golden Ratio. - And potentially a False Breakdown, likely to mirror the False...
S&P tagged last week's expected move, decrease for the next week. Watching Bonds and Volatility carefully. VIX is carving out a base. Earnings are coming in hot and heavy. Fundamentals nonexistent. Good news is priced in. Risks of disappointment are high. Don't chase this rally anymore folks. Best of luck next week, - RH
Increase in expected move despite only a 4-day trading week. Best of luck, - RH
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