Kunal Desai 
Nasty market today. Big dump on CPI most of the damage was in IWM and the smidcap sector. the QQQ finished own 1% which is fairly tame all things considering. We are sitting right on the 50sma on the QQQ with PPI coming up tomorrow. Guys this is not the market to take on …
Market is still in grind mode. The QQQ SPY are both in range with the tech market distributing a bit. Gaps are fading. The market has 4 cycles and only one of them is Bull Market where you can use pure trend trading tactics. We are not in that market currently the gaps are fading …
The market just grinded today. We are in a small distribution phase as we digest the November run. You can see this through how stocks are acting on news/upgrades. MU had upgrade today even though its been a hot stock the gap got faded so quick. A month ago that might have run 10 points. …
A gap down today and consolidaton and grind in the market. The bulls did step in and defend the supports. There was 0 follow through on the short side and grind on the long side it was tricky! There are pockets of heat in GOLD and ENERGY names. Here is the econ data for …
Flat days in the markets. We did get an small end of day fade in the QQQ and IWM . The market is going through a little bit of distribution and rotation as it churns and digests this last move on the indices. IPO’s have been hot the last few days RDDT, ALAB, DJT has …
Jerome came to the rescue today. There was no new verbiage from him but the overhang was released and the market had been looking for an excuse to go. There was a little dip right before 3pm but besides that it was straight up after that. There was a broad based run as the …