The Market Is Breaking Down: S&P: Failed Breakout, NVDA: Exhaustion Bar, CRM: Beneath The Surface Another One Bites The Dust

The Market Is Breaking Down: S&P: Failed Breakout, NVDA: Exhaustion Bar, CRM: Beneath The Surface Another One Bites The Dust

On Thursday, the S&P closed below 5,250 – the breakout level from March 28. This is what is called a “failed breakout” in classical technical anaylsis. “From failed moves come fast moves”. In other words, we are looking at a…

Professor Cox

Professor Cox

As I related in “Legendary Days: Adventures In San Diego”, the great transformation in my life occurred when I was a freshman at UC – San Diego and discovered Ayn Rand. Reading Rand’s masterpiece Atlas Shrugged shook me out of…