How Will We Know When It’s Katy Bar The Door?
For a year, we’ve been warning about Cycles of War due to exert their influence. That’s happening. However, despite geopolitical concerns and “risk off” bloodying the tape, it has not perpetuated a flight to safety in U.S. Treasuries….at least not until the first glimmer of a rally in TLT on Wednesday. Wednesday’s TLT rally came […]
Continue Reading -->The News Breaks With The Cycles, Not The Other Way Around
On Monday the market may have set the land speed record for a relief rally fizzling out. The SPX gapped up gaining 45 points in the first 20 minutes. It was all downhill from there. Literally. Since December we have been outlining a slew of cycles due to exert their downside influence in April and […]
Continue Reading -->Historic Convergences Open The Door To Mayhem
“You cant become a big winner in the stock market until you learn to be a good seller as well as a good buyer.” -William O’Neil The Hit and Run Report for March 24th, 2000 was entitled succinctly, “Pop”. It turned out to be the day of the bull market high. Further down in this […]
Continue Reading -->NVDA Sparks A Rally, But Is It Bullish?
“You cant become a big winner in the stock market until you learn to be a good seller as well as a good buyer.” -William O’Neil The Hit and Run Report for March 24th, 2000 was entitled succinctly, “Pop”. It turned out to be the day of the bull market high. Further down in this […]
Continue Reading -->Some Like It Hot
Yesterday’s hotter than hoped for CPI roiled the market. IWM got hit hard ballooning the TZA that Hit and Run members bot on Tuesday. The SPX is down…but not out. While it took out Thursday’s Lighting Rod low yesterday, violating the Crouching Tiger long setup, There is potential for a rally to trigger on a […]
Continue Reading -->There’s Something Happening Here
“But all the clocks in the city Began to whirr and chime: O let not Time deceive you, You cannot conquer Time.” -W.H. Auden, As I Walked Out One Evening The 2nd Great American Eclipse is today. The First Great American Eclipse was August 21st, 2017. These are Great American Eclipses because they cross the totality […]
Continue Reading -->Coffee With Greta: Hot Labor Market
Editor’s Note: Coffee With Greta will be on pause until mid-July as Greta takes maternity leave to bond with her new baby. DJIA Futures: +148 (+0.4%) SPX Futures: +26 (+0.5%) NASDAQ Futures: +103 (+0.6%) Good morning friends! Futures are holding onto gains despite the release of a hotter-than-expected jobs report. Let’s get right to it! […]
Continue Reading -->Markets Face A Come To Jesus Moment
We have walked through a litany of time/price cycles, square-outs and synchronicities pointing to a crash. Our weekend report will further tie those all together. It’s not a pretty package. On Thursday markets gapped higher with the SPX spiking only 8 points from the 5264.85 March 28 all-time high. The opening surge pulled back triggering […]
Continue Reading -->Coffee With Greta: Waiting For The Jobs Report
DJIA Futures: +189 (+0.5%) SPX Futures: +32 (+0.6%) NASDAQ Futures: +153 (+0.8%) Good morning friends! Futures are higher as traders await Friday’s jobs report. Let’s get right to it! Weekly Jobless Claims Climb Weekly jobless claims rose more than expected last week. The Labor Department reported 221,000 Americans filed initial claims for unemployment benefits. That […]
Continue Reading -->Hellooooo Mr. Gold
Can markets be forecast? “Few have any idea of high the metal (gold) can scale the golden wall of worry.” The above is from the December 22nd, Hit and Run Report, Gold and Silver on the Launching Pad. We went on to say, “Regular readers will recall that we targeted the 233 region in GLD […]
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