Candy Matheson | TalkMarkets | Page 1
Blogger & Retired Russell 2000 E-mini Futures Day Trader
Blogger and retired Russell 2000 E-mini Futures Day Trader. I was first introduced into the world of trading when I took an options course in Porlock, England in 1997...it involved buying options on the FTSE 100 Index. The instructor was a Scottish fellow named Jock. He was very amusing and ...more

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2024 Market Forecast: 'Black Swan Event' In 2024 It Is Then...
Any push to new highs may be met with a swift retreat to new lows... possibly to retest 3200, or lower.
October Bites The SPX
Notwithstanding the bearish Head & Shoulders formation on the daily chart of the SPX, its recent plunge below the neckline in the latter part of September, and its subsequent retest and drop lower
Will WTI Crude Oil's Boom And Bust Cycles Continue?
Over the past couple of decades, WTI Crude Oil has been actively spiking and plummeting between 40.00 and 80.00, to briefly test and spike the waters above 100.00, creating "froth," which has easily been blown off.
Disney: Into The Abyss
Since 2015, all attempts to hold any longer-term gains have easily been, repeatedly, blown away, as shown on the following monthly chart.
The "Frothy" History Of China's Shanghai Index
Notwithstanding all of China's multiple efforts to shore up its considerable economic woes over the decades, nothing has been successful in the long run.
SPX: Mired In Volatile 'Chaos Zone'
It's plain to see that the SPX is firmly stuck in between 3750 and 4200. It's had difficulty gaining sustained momentum to hold onto gains made above 3750, and to steadily increase its value...convincingly...since January of 2021.
KBW Bank Index Looks Shaky
BKX has had great difficulty, since the 2008/09 Financial Crisis, gaining sustained momentum to hold onto gains made above 80.00, and to steadily increase its value...convincingly.
Credit Suisse Bank: From Bad To Worse
Sellers are still firmly in control of CS and have been for most of the time since its high of 73.01 made in April 2007.
Silicon Valley Bank's Parabolic Rise & Plunge
It's interesting to note how closely SIVB mirrored the movements of Bitcoin, COIN, FNGU, and BLK, as shown on the monthly comparison chart.
2023 Market Forecast
Investors will start buying up Bonds in 2023, as crypto markets continue to fail, bank lending tightens, and equities continue to drop.
2022 Market Wrap-Up: 'Like Watching Paint Dry'
Day-to-day or week-to-week trading for 2022 has been erratic and non-directional...and about as interesting as 'watching paint dry'.
SPX: A 4th Candy Cane For 2023?
Will we see a fourth 'candy cane' form on the SPX in January? If so, the target is 3200.
Saxo's 10 Outrageous Predictions For 2023: Is $3,000 Gold Possible?
While it would be an unprecedented move for gold in one year, 3,000 is within the Fibonacci target price zone...and is technically possible. 
Williams Alligator Is Forecasting Further Weakness For Blackstone Group Ltd.
A drop and hold below 80.00 could see price plunge to its next major support level of 60.00, or lower to 40.00.
SPX: Still In Technical Downtrend On Weekly Timeframe
The SPX is still in a technical weekly downtrend until it makes a higher swing high and swing low. So far, it's made neither.
$100-$150 Oil...Just A Matter Of Time
No doubt, the price of WTI Crude Oil will skyrocket to $100, or higher...along with inflation to give Fed Chairman Powell heartburn, it's just a matter of time.
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