Category Archives for Jeff Cooper
Risk Goes from Slow to Fast
Bear markets reveal two conceptually correct concepts about the nature of risk. 1) Risk/surprises happen in the direction of the trend. In bear markets these “surprises” seem more dramatic because markets do down faster than they go up. 2) Sometimes risk is just risk and cannot be hedged. A week ago we walked through the behavior of […]
Continue Reading -->The First Mouse Gets The Squeeze…
Six years after the bad monetary policy following the pop of the 2000 Bubble we had a crisis. Ten years after the bad monetary policy following the Great Financial Crisis we’re in another crisis. For ten years leading up to 2022, the Fed was trying to create inflation. They finally got their wish. And the […]
Continue Reading -->Why Tesla’s Friday High Is Key Right Now
Tesla (TSLA) crashed from 314 on September 21, 2022 to 102 on January 6, 2023. My Square of 9 Wheel shows that 314 is 180 degrees straight across and opposite January 6th for a Time/Price Square-out. As legendary stock operator WD Gann wrote, “When time and price square-out expect a change in trend.” I explain it […]
Continue Reading -->The Bears vs. the Soup Nazi
“I have squandered my resistance For a pocketful of mumbles Such are promises All lies and jest Still a man hears what he wants to hear and disregards the rest.” –The Boxer, Simon & Garfunkel Stocks rose sharply on Friday as the market followed through from Thursday’s upside reversal from the SPX 200 day. Thursday’s […]
Continue Reading -->The Manic Bear
Since the October low, the SPX has carved out two 6-7 week rallies interspersed with a drop into a December 22 low. The Bear Flag in the 3rd week of December had many players betting on immediate breakage to a test of the October low… or lower. But the elevated year-end tax selling when the Santa […]
Continue Reading -->Where Gold Is Going Now
Gold rallied from 1613 to the mid-1900’s from early November to early February. That’s a textbook 90 degrees in time. Long-time readers are familiar with Hit and Run’s use of the geometry of Time and Price in keeping with the methods of legendary trader, W.D Gann. Gold’s 90 degree/day rally is a text book example […]
Continue Reading -->Why SPX 3980 Matters Right Now
“There is a definite relation between price and time. When time and price square-out expect a change in trend.” -W.D. Gann There always seems to be something new on the horizon in trading that captivates market operators in their quest for the Holy Grail. People think the magic always changes. In the end it, always […]
Continue Reading -->Is the Market Really Turning?
“The early dip buyers are the key to the action today. If they fizzle out and we get some lower lows below the 50 hour moving average, then the bears will grab the ball and get aggressive. C wave support potential is near the 4077 “square” (from the Square of 9 Wheel). Follow thru below […]
Continue Reading -->How We Won Big with ROKU
Yesterday, Hit and Run took ROKU long on a swing at around 63. This was right into earnings. Now the stock is at $69+. Here’s the alert I sent out: A daily ROKU below shows my reasoning. ROKU triggered a Rule of 4 Buy (a breakout over triple tops) when it gaped over the horizontal […]
Continue Reading -->How to Trade Tesla With the Square of 9
TSLA bottomed at 101.80 on January 6. This was a Time/Price square-out because 101.80 is opposite November 4 (2021), the date of its all-time high. Red is November 4. Blue is 212. TSLA is up over 100% in its 7th week of advance since the January 6 low. TSLA is up pre-market again today, trading at 214. […]
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