RHTrading

RHTrading

MACD indicator breaking out before price. The PMO also trending up successively. Interesting Small Caps Strength... IWM Market history of cycles suggests small caps perform best in the early innings of a new bull market.

RHTrading

Anticipating a choppy week next week. No call. How excellent are these Expected Moves? Last week's post was spot on. Correlations are out of sync. Huge divergences: QQQ vs. IWM Is volatility going to come alive? I'm noticing a lot of Head & Shoulders setups. 99% of investors are not diversified. Best of luck next week folks, - RH

RHTrading

Expecting a rally early in the week before revisiting the $3,211 Gravity Point. It's my birthday today. Cheers folks, best of luck next week, - RH

RHTrading

Losing the trend (green|blue) that's been in place since the March low. Best of luck next week, - RH

RHTrading

How efficient is the Expected Move? Next week has a Fed announcement and Major economic news. Volatility fell along with the market in a bizarre week of trade. Volume dropping on stocks selling off. Softbank continues to conduct itself in a recalcitrant manner, as does the insidious CCP. Best of luck next week, - RH

RHTrading

Neutral Call, 4-day trading week with a huge expansion of Expected Move from last week's $62. Last Week: $62 EM / 5 Days = $12.5/day --> Next Week: $107.75 EM / 4 Days = $27/day Volatility is like toothpaste; Once it's out of the tube it's hard to put it back in. The market is seeing a ton of risk in the volatility futures 47 days out for some reason....

RHTrading Updated 

The S&P 500 continues to grind higher, notching a string of all-time highs, and seeing the rally since March foster an "official" bull market. The pandemic has sped up key structural trends and triggered substantial market swings, precipitating an urgent need to rethink strategic asset allocations. Among the big changes: We favor reduced exposure to nominal...

RHTrading Updated 

Last Week Expected Move: $64 Best of luck this week - RH

RHTrading

Combination chart of several different Breadth metrics. Multiple timeframes are used to smooth out false-signals. $MMTH - % Above 200 Day MA $MMOF - % Above 150 Day MA $MMOH - % Above 100 Day MA $MMFI - % Above 50 Day MA Best, RH

RHTrading

Bullish when rising --> Risk-Seeking market Bearish when falling --> Risk-Off market Another ratio that demonstrates non-confirmation as the market lunges to new all-time-highs.

RHTrading

My Favorite Ratio Chart. Semiconductors are a leading indicator of the Tech sector. Typically has a timely divergence with few false signals. Best, RH

RHTrading

A favorite ratio of mine has reached the low end of its range. The sentiment ratio which illustrates complacency and suggests a contrarian stance is warranted. Like all contrarian metrics, betting on mean reversion typically comes to fruition eventually, but tells you nothing about when that will occur. That being said, I try to be as 'timely' as possible...

RHTrading Updated 

SPX Next week expected move = $64. A very strange week last week. Nasdaq mega-caps rotated into Small-cap value. This is due to a short squeeze in the Most-shorted index, not a cyclical rebound. Seeing $VVIX upward movement this week alongside the $SPY. This is a huge Divergence . I said keep a lookout for divergences. This week was full of 'em. 30-year...

RHTrading

The Expected Move is low. Watch for divergences next week. If anybody knows what the random spike was on Thursday night, I'd love to know. Best of luck next week, - RH

RHTrading Updated 

Sorry for the delay. - RH

RHTrading

- RH

RHTrading

- RH

RHTrading

Strange times we're living in. The more you understand, the less you forgive. Lies, Damned Lies, and Earnings Estimates I think we'll continue to rally for another week or two, but this is the last hoorah. A significant tone-change or event is nearby. Sum of the evidence suggests late July-early August. - Sentiment = FOMO...