All posts by Jeff Cooper
How to Use the Square of 9 for Earnings
Let’s take a look at how the Square of 9 Time/Price Calculator can help navigate the extreme volatility associated with earnings. The Square of 9 is the only trading tool that integrates time and price, allowing traders to identify where to sell into strength and buy into weakness. On Tuesday, AI exploded to 44 after gapping up […]
Continue Reading -->How to Use the Square of 9 for Profitable Day Trading
UPST has been part of the Tech Catch-Up Trade that went vertical in May. On Tuesday on the Hit And Run Private Twitter Feed we flagged 30 as resistance on UPST. 30 is 360 degrees up from the 12 low struck on May 3rd. UPST hit 29.99 in the first 30 minutes on Tuesday dropping […]
Continue Reading -->Why Wall Street Is Wrong
“God does not play dice with the universe.” -Albert Einstein At the end of 2021, Wall Street’s biggest firms divulged their outlooks for 2022. Goldman Sachs predicted the S&P 500 would hit 5100 by years end. BMO Capital predicted 5300. Wells Fargo chimed in with a forecast of 5300. Instead, stocks plunged nearly 30% within […]
Continue Reading -->The Problem With New Highs
“The Square and the Triangle form within the circle, but there is an inner circle and an inner square, as well as an outer square and an outer circle, which prove the fourth dimension in working out market movements.” -W.D. Gann Thursday saw markets push higher early in the session. The SPX respected the key […]
Continue Reading -->Why SPX 4187 Matters Now
A monthly SPX from the 2000 top shows a Rising Wedge and a parabolic blow-off into the January 2022 peak. Following the March 2009 low the SPX traced out a 5 wave advance with the 5th wave unfolding after the March 2020 crash low where on the day of that low at 2191, we forecast […]
Continue Reading -->It’s the Cycles – Not the Fed or the Banks
This morning’s jobs report arrives at a pivotal point in the markets based on the pattern of the indices and time/price synergies. Allow me to explain: 1) As shown at the start of the week, a rally to 4187 SPX could define an important high. This is because 4187 is 540 degrees up from the important […]
Continue Reading -->How We Hit Paydirt on the Regional Bank Collapse
On Monday, we issued an intraday short swing alert on CMA on the Hit and Run Private Twitter Feed: As part of the regional banking sector, CMA had been hit hard and had bounced but still remained water-logged below a Breakaway Gap in March. Markets play out in 3’s and CMA was in its 3rd rally […]
Continue Reading -->May = Mayhem in the Stock Market?
“It was a combination of a number of factors. Valuations had gotten extremely overdone. The dividend yield was down to 2.6% and the price/book value ratio was at an all time high. Also the Fed had been tightening for a period of time. Finally, my technical analysis showed that the breadth wasn’t there—that is the market’s […]
Continue Reading -->Is This the Mother of All Bull Traps?
On Thursday the SPX spiked through the top of a little declining tops line (green) — courtesy of a few mega-caps. This came on the heels of breakage through the bottom of a larger rising bottoms line (red). Will the real Mr. Break please stand up. False up-spikes in bear markets are the normal expectation. […]
Continue Reading -->How We Nailed AMZN at $122 After Earnings
On Thursday on the Hit and Run Private Twitter Feed, we recommended a long play on AMZN which was going to report earnings after the bell: AMZN was already up sharply on the day at 109 but the Square of 9 Wheel indicated a target of 121-122 was on deck, Why? 122 is 360 degrees […]
Continue Reading -->