The Bull Market Is Over
IMO a decisive break below and failure to reclaim $390 would mean that the bull market is likely over. I wouldn’t be surprised to see it happen this week – Top Gun Financial, November 30 Tuesday night I wrote that…
Powell Turns Hawkish, QQQ $390
Coming into this week, Omicron and its effect on Fed policy was the crucial dynamic. NorthmanTrader nicely summarized it in the above tweet. On Tuesday, Powell threw bulls for a loop when he was far more hawkish than expected in…
QQQ Vs IWM: Which One Is Telling The Truth?
The stock market had a big day Monday recouping most of its losses from Friday. The S&P was +1.32% and the NASDAQ +1.88%. However, a look beneath the hood shows the same problem I’ve been harping on for at least…