Technical Analysis

The 96-week downtrend

Energy stocks have been locked in an unbelievable downtrend for so long, we almost take it as a given that they’ll continue to shrink as a percentage of the S&P 500 (and, eventually, as a force within our economy). In the meanwhile, gasoline demand is back to almost pre-Covid levels already. We’re driving again. I…

Buyers and Sellers

How can you possibly gauge the activity and appetites of the buyers and sellers – the price setters – if you don’t study price itself? 

Three things you can’t do in this world

Three things you can’t do in this world… There are more than three things but these are the three things that occurred to me over the last few weeks. One: Teach children via distance learning. I know many teachers who are trying to do this and are extremely frustrated. It goes beyond the technological limitations,…