Tweet . Is it too much to ask for a balanced budget? These charts look so overwhelming negative that nothing short of a miracle will we ever be in the surplus again. clipped from www.ritholtz.com clipped from www.ritholtz.com The first chart illustrates how QE2 flushed domestics out of Treasuries and effectively funded 63 percent of […]

Tweet The character of the market is changing, evident by these three charts below. In the NASDAQ chart you’ll see that this is the first time in quite a while the red candle was completely below the middle keltner channel line. The -d1 line on the ADX has spiked and when the actuall ADX line […]

Tweet   From my perspective we currently find ourselves in the handle of a massive cup with handle pattern that has a lot of upside if it plays out. As crazy as it sounds we could be heading much higher. Or…this is the double top pattern and we’re going to sink like a rock. I dislike […]

Tweet   It doesn’t matter if it’s POMO, the PPT, or those reptilian aliens who manipulate the markets…the fact remains trading (just like life) is a rigged game. You can complain about it or you can try to find your trading niche and systematically remove your piece of the pie. Do I think the market […]