“Jeff, how can the U.S. dollar rally and crude oil rally as well. That’s not supposed to happen!” . . . a Raymond James financial advisor We have received numerous emails since reposting my friend Leon Tuey’s comments about a bottom in the U.S. dollar. Recall t
“Sell in May and go away – is a well-known trading adage that warns investors to sell their stock holdings in May to avoid a seasonal decline in equity markets.” . . . Investopedia Growing up with a father who was a stock guy meant that I heard about stocks, and inve
“Start spreading the news. I’m leaving today. I want to be a part of it, New York, New York. These vagabond shoes, they are longing to stray. And step around the heart of it, New York, New York.” . . . Theme song from New York, New York, written by John Kander and Fr
“With the first pick in the 2018 NFL Draft, the Cleveland Browns select…Baker Mayfield, QB, Oklahoma.” …NFL Commissioner Roger Goodell amidst the traditional massive amounts of boos In honor of the 2018 NFL Draft beginning last night, information in today’s Morning T
“Consolidation is used in technical analysis to describe the movement of a stock’s price within a well-defined pattern of trading levels. Consolidation is generally regarded as a period of indecision, which ends when the price of the asset moves above or below the prices i
“Hoisted On One’s Own Petard” “Hoisted on one’s own petard” is a Shakespearean idiom from Hamlet meaning “To cause the bomb maker to be blown up with his own bomb.” A petard is a small bomb used for blowing up gates and walls when breach
“The best defense is a good offense” is an adage that has been applied to many fields of endeavor, including games and military combat.” …Wikipedia Based on the questions we have received the last few sessions, many readers may still be wondering why some of their &#
“Dow Theory is the relationship between the D-J Industrial Average and the D-J Transportation Average. It was first proffered by Charles Dow.” . . . Jeffrey Saut According to Wikipedia: “Dow Theory was derived from 255 Wall Street Journal editorials written by Charle
The call for this week: Last Monday was a 90% Downside Day, meaning 90% of the upside to downside volume came in on the downside, combined with 90% of the total points traded also coming in on the downside. The next morning the D-J Industrials (INDU/23,932.76) were off over 500 points
