A Graceful Exit
Everything that happens once can never happen again. But everything that happens twice will surely happen a third time.”-Paulo Coelho, The Alchemist On the surface markets made an impressive reversal on Thursday. On the surface. You can’t always believe what you see in markets. They tend to speak in tongues, but if you learn their […]
Continue Reading -->META-morphosis
“I cannot make you understand. I cannot make anyone understand what is happening inside me.” -The Metamorphosis, Franz Kafka Markets turn on a dime, most traders cannot. If you can’t measure risk, you can’t manage risk. This is the unique character of the Square of 9… to take the measure of the market and pinpoint […]
Continue Reading -->Where Is the Bull/Bear Pivot?
The above daily SPX shows the dual Fugazy highs, the false Throw-Over highs, in January 2022 and March 2024. I connected the Highs Before the Highs…the internal highs (blue). I paralleled a line(blue) off the October 2022 low which ties to the 4000 region. I also paralleled a line (blue)off the High Before the Low, […]
Continue Reading -->Chip Wrecked
Chip-Wrecked 1/3 of the $43 trillion of US Indexes is held in 7 stocks. Panic rippled through many of those names that are the tip of the speculative spear on Friday. While the former King and Queen of speculation, AAPL and TSLA, have abdicated their throne, the current heart and soul of speculation, NVDA and […]
Continue Reading -->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 […]
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