Category: Market Traction Updates

  • Market Traction Update December 27th – Update 1

    Just finished a good deal of traveling over the past two days.  Wanted to provide this update mainly due to the market volatility that’s yet to subside. There’s been quite a bit of discussion regarding the “Plunge Protection Team” and how they may have stepped into the equity markets in a big way to move…

  • Market Traction Newsletter Update December 21st – Update 1

    Hello All, The FED/Powell Tin Ear Tantrum continues today.  The SPYs have effectively reached the lower end of our support range.  If this doesn’t hold, we see the next support level near $235.00ish in the SPYs.  There’s not much more to say than that.  Tepper made it clear as how to digest the news and…

  • Market Traction Webinar Replay 12-19

    Market Traction Webinar Replay

  • Market Traction Update December 7th – Update 1

    Hello All, Here’s a recap of yesterday morning’s visuals and sentiment with emphasis added: As we noted, we couldn’t find a fresh and safe bullish name to work with on Tuesday and now we know why.  However, despite many bear names being covered this week, and the markets looking heavy, we’re not immune to risk! …

  • Market Traction Update December 6th – Update 1

    Hello All, As we noted in our Morning Call webinar, we’d likely have an update on the way this morning. Intrigue and concerns have both been ratcheted up today with the news of an arrest that could impact US/China trade relations and that, along with other issues, has US equity markets under heavy pressure at…

  • Market Traction Morning Call Webinar Recording December 5th

    Hello! Here is a link to a recording of this week’s Market Traction Morning Call webinar. Depending on the circumstances, we may have a brief recording or update on Thursday morning.  The closing of the exchanges today combined with all other factors may necessitate a refresh. Please note that you may have to register first…

  • Market Traction Update December 3rd – Update 1

    Hello All, Back again with another quick update.  Our long-envisioned scenario is materializing before our eyes. 1. We got the retest aka 2nd bottom of the double bottom to hold. 2. Powell mollified equity investors with his more “dovish” comments which launched the EOY Bonus-Driven/Relief/Santa Rally/Short Squeeze into orbit. 3. The G20 Trump/Xi meeting didn’t…

  • Market Traction Update November 30th – Update 1

    Hello All, Big Powell move and waiting around ever since.  After the massive upside move the indices have opened weak each day but held up so far yet haven’t advanced.  Holding pattern, no doubt due to the G20 news-pending or maybe not. Anyway, we’ve got several bull names to update on to this point. KR…

  • Market Traction Update November 29th – Update 1

    Hello All, Let’s get up to speed.  The SPY chart below depicts our main scenario from about 10 days ago: Fast forward to NOW where the graphic nearly says it all: So, Powell did what we speculated he may do to avoid appearing as if he had a 100% tin ear, and now the FOMC minutes…

  • Market Traction Morning Call Webinar Recording November 28th

    Hello! Here is a link to a recording of this week’s Market Traction Morning Call webinar. Sorry about the ill-sounding voice.  We just can’t shake it! Please note that you may have to register first to view it but it should play after that. https://register.gotowebinar.com/recording/8629333787273806343 If you have any issues or questions please contact us…