26 Aug 2019

Major Indices Cling On To Support, Breach Likely, As Are Reversal Odds For Relief Rally

by | posted in: Derivatives, Equities, Technicals | 0

There is confusion in the markets.  Several times this month, bulls tried to take momentum by the horns, but only to get gored, including last Friday.  Bears have not had a smooth ride either.  Amidst this back-and-forth action, major US … Continued

15 Jul 2019

With Fresh Highs, Indices Getting Extended, But Momentum With Bulls – Their Ball To Lose

by | posted in: Credit, Derivatives, Equities, Technicals | 0

The sell-side customarily has lowered estimates going into the 2Q earnings season.  Stocks have rallied since early June, thanks also to an impending rate cut by the Fed later this month and resumption of trade talks between the US and … Continued