Tweet By Jeff Pierce Oct 15th – Nov6h 17 trading sessions 1705 point gain on Dow 4 down trading sessions with all closing off the lows and near the highs but on one day Nov 7th – Nov 28th 15 trading sessions 274 point gain 4 down sessions with all but one closing at/near the […]

Tweet By Jeff Pierce Now that the markets appear to have stabilized it’s OK to jump back in long trades…right? I believe the correct answer to be NO,┬ábased on that clear lack of leadership, declining volume on rallies, and the fact my timing signals and long term trend remain firmly down. Add on the fact […]

Tweet By Jeff Pierce Note the rising bearish wedge on the Nasdaq indicating we could be close to a point where the current rally stalls.   Volatility has all but dried up. High volatility leads to low volatility and vice versa. We could be getting close to a reversal in volatility.

Tweet By Jeff Pierce Below is a great excerpt from a book I’m reading that considers media’s influence on the market. I have a similar approach to how I view this I want to share. On impact days, meaning days where a significant top or bottom is being formed on the markets, emotions are at […]