Fibonacci

Dollar Index Nears Crucial Line In The Sand

The Bloomberg Dollar Index has given up almost three-quarters of the post-Trump-election gains - having tumbled for 5 days straight. However, with seemingly everything on the line in Thursday's Obamacare repeal vote, the USD index is within 1% of two crucial technical levels.

Warning Signs

Like gasoline, all of these warnings are inert and, other than smelling really bad, are harmless... Well, that is until your cousin “Randy” shows up and decides to have a quick smoke.

kimblecharting's picture

This past week the bull market in stocks, celebrated its 8-year anniversary, off the March 2009 lows. The bull trends off the lows in 2009 are still solidly in play, as key indices remain inside of long-term rising channels. Make no mistake the series of higher lows and higher highs has NOT been broken.  click title to see chart

 

 

Beware The Ides Of March

It is unfortunate that so many have forgotten what “investing” actually means. Given that investors have piled into the market since the beginning of the year, the question simply becomes who is doing the selling?

"Can't Get Broke Taking Profits" - The Tech Stock Rally Is Getting Extended

It has been said that one “can’t go broke by taking profits”. And while many may disagree with that practice (and we understand their “slippery slope” rationale), as active risk-managers, there are definitely occasions when we would deem that strategy appropriate. Now is one of those occasions.