Tim Knight | TalkMarkets | Page 127
Managing Partner at Tim Knight Organization
Contributor's Links: Slope of Hope Slope+
Tim Knight has been charting and trading since 1987. His first stock trade was, in fact, on October 19, 1987 – the day of the crash – which perhaps goes a long way explaining his disposition toward ...more

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Facebook's Wild Ride
Facebook reported after the close, and although it looks pretty much unchanged at the moment, it was a wild ride so far.
Naivete Insufficient
The ES and NQ were roaring last night, but they’ve puked away their hearty gains.
Tonight’s Two Earnings Monsters
Today and tomorrow are huge days for tech stocks. After the close today, is Facebook and Microsoft.
Real Estate Continues Breaking Down
DRN chart continues breaking down.
One Thing Leads To Another
Let’s face it, the trend for the US Dollar is pretty clear. Trump’s weird little missive about a strong dollar yesterday was just a blip.
Will Intel Follow Microsoft?
Intel may well follow the path of Microsoft. That is to say, after completion of an enormous basing pattern, it simply stomps its way reliably higher, month after month.
Overhyped
There have been a number of stocks that tied themselves to the crypto comet in order to boost their own sagging stock prices. There’s Kodak, Long Island Iced Tea and Overstock.
The Blow-Off Premium
The market could, at this point, fall quite substantially and still not only be in a massive uptrend, but be ABOVE its loftiest resistance line.
Introducing The New Normal
A normal market. It has ups and downs. It has volatility. It is dynamic and provides opportunities in both directions.
Catatonic
Bull markets die on good news, not bad news.
Down The Drain
There are select equity sectors that I think are still able to descend. One of them is real estate.
Miners Reach Escape Velocity - Wednesday, Jan. 24
Gold has cut above an important level of resistance, besides having already blown past its descending trendline.
Netflix Channel Touch
Netflix, for all its wild movements over its existence, has followed a surprisingly steady ascending channel.
Has The Crypto Reversal Resumed?
It was interesting to see how cryptos were spiking after our oh-so-important, oh-so-vital Federal Government shut its doors. It didn’t last, though, and we’re already seeing an about-face.
A Stretch Armstrong Market
Equities remain historically, incredibly, and very elevated. Any indicator shows it.
Real Estate Bears Strengthen
Triple-bearish-on-real-estate starting to kick it.
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