This is exactly how my pinned tweet works.
Bent bigly but didn't break.
ISWYDT
Gap filled. Pretty ominous chart averted.
Carry on.
And here's the gap. Would take a rally to 669.76 to fill it.
Stocks don't open for 12 more hours, but with futures -125 the S&P looks like it will gap down through the Dec. low; a low which became even more significant after Wednesday's bounce off its corresponding support. And if the gap isn't filled quickly it would look pretty ominous.
1/ Bears have more proving to do, as no cyclical top since 1990 has occurred in absence of NYSE new lows >4% of total issues. My 10-day average is meant to reduce false signals from the Vince/Williams “bloodbath sidestepping” rule described here: tinyurl.com/6tjt3567
Are they referencing your Pinned Tweet?
TY.
— Phil
Left the pit
The Professor assumes a worker's hours will be cut by half but his next assumption, that their paycheck will stay the same, seems a bit otherworldly...
Pin it.
Remember when folks were stealing silver from houses back in 1980?
When silver crashed back down the joke was that thieves were breaking into houses to return the silver.
Here we go again.
They very often end when something blows up.
Your occasional reminder...
@hmeisler.bsky.social
The European financial sector has a healthier relative-strength profile that its U.S. counterpart. Thank you, Captain Obvious?
“Goodbye, Mr. Bond.” –Auric Goldfinger
From the earliest days of the Internet; still my favorite Christmas video:
www.youtube.com/watch?v=CcDD...
Thank you!!
Industrial metals are breaking out (upper clip). Relative strength versus precious metals, not so much (lower clip).
Aaaaaaand scene
$IRBTQ last trade 18 cents
www.amazon.com/dp/B0G8QB4G5...
Another peek inside:
Quick peek:
New book just dropped on Kindle!
www.amazon.com/dp/B0G8QB4G5...
66 more insightful quotes from my 60+ years on Wall Street. Mostly my own — but from Helene Meisler, Larry Williams, Doug Kass, and Dave Keller, too. Not a "reading" book...an "idea" book!
Only one member of $SMH is negative since the S&P 500’s intermediate bottom on November 20:
Nvidia $NVDA
Just Published!
amazon.com/dp/099136829...
66 more insightful quotes from my 60+ years on Wall Street.
Mostly my own — but from Helene Meisler, Larry Williams, Doug Kass, and Dave Keller, too.
Not a "reading" book...an "idea" book!
(Kindle version will be available next week.)
