Coffee With Greta: Closing Out Q1

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DJIA Futures: +42 (+0.1%) SPX Futures: +1 (+0.01%) NASDAQ Futures: -2 (-0.1%) Good morning friends! Futures are flat as traders gear up for the final session of the first quarter.  Let’s get right to it! Weekly Jobless Claims Fall Weekly jobless claims were lower than expected last week in a sign of continued tightness for […]

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Do Signs Point To A Market Crash?

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“Go for the jellyroll” -Art Garfunkel’s advice to John Lennon “If the market is bullish, yesterday’s turndown of the SPX 3 Day Chart will define a lowsoon in terms of both time and price. Soon looks like immediate given this morning’s pre-open action.” The above is from  Wednesday morning’s Hit and Run Report. In fact […]

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Coffee With Greta: Can We Break The Losing Streak?

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DJIA Futures: +170 (+0.4%) SPX Futures: +25 (+0.5%) NASDAQ Futures: +103 (+0.6%) Good morning friends! Futures are higher as the S&P 500 attempts to shake off a three-session losing streak.  Let’s get right to it! Three-Day Losing Streak The S&P 500 has fallen from record highs over the past three sessions.  The blue-chip index closed […]

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Reddit: How To Hit Home Runs Trading Hot IPO’s With the Square Of 9 Wheel

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RDDT IPO’d on March 21st. The low print on day 1 was 45. On my Square of 9 Wheel: 90 degrees up is 52 180 degrees up is 60 270 degrees up is 68 A full 360 degree rev up is 76. Tuesday before the open I posted the follow tweet on the Hit & […]

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Coffee With Greta: Rally Resumes

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DJIA Futures: +45 (+0.1%) SPX Futures: +12 (+0.2%) NASDAQ Futures: +55 (+0.3%) Good morning friends! Futures are higher as traders look to extend the record-setting rally. Let’s get right to it! Krispy Kreme Jumps On McDonald’s Partnership Krispy Kreme (DNUT) shares are rallying 17.6% ahead of the open after announcing a partnership with McDonald’s (MCD) […]

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A Bullish Setup

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The stock market is not the economy…although the funnymentalists will tell you so. What is Goldman supposed to tell their muppets? “Cycles suggest….” Indeed the question as to whether the 1929 Crash caused the Great Depression or whether the Crash was discounting it and it was on deck anyway has been debated for decades. This […]

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Coffee With Greta: Short Week

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DJIA Futures: -71 (-0.2%) SPX Futures: -16 (-0.3%) NASDAQ Futures: -99 (-0.5%) Good morning friends! Futures are slipping to start the holiday-shortened trading week.  Let’s get right to it! Boeing CEO To Step Down Boeing (BA) shares are up 3.8% ahead of the open after announcing a management shakeup.  CEO Dave Calhoun will leave the […]

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Coffee With Greta: Late Earnings Rush

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DJIA Futures: -16 (-0.04%) SPX Futures: -3 (-0.1%) NASDAQ Futures: -25 (-0.1%) Good morning friends! Futures are slipping but still on track for a winning week. Let’s get right to it! Nike Falls After Disappointing Guidance Nike (NKE) shares are down 6.4% ahead of the open after beating fiscal Q3 expectations but issuing disappointing guidance […]

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Coffee With Greta: Stocks Rally After Dovish Fed

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DJIA Futures: +125 (+0.3%) SPX Futures: +26 (+0.5%) NASDAQ Futures: +177 (+1.0%) Good morning friends! Futures are higher amid optimism about the future of Fed rate cuts. Let’s get right to it! Dovish Fed The major indexes all closed at fresh record highs on Wednesday after the Fed signaled it’s still planning for three rate […]

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Champagne

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On the heels of Friday’s Key Reversal Day in the SPX (and NDX) we got a Plus One/Minus Two buy setup up on Monday. As well the index tailed up on Monday leaving a 180 buy setup. The combo produced an explosive rally on Tuesday. We are in a technical crosscurrent.” Why? Yesterday was either […]

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