I was just about to post them. I was preoccupied by other absorbing matters here at my work station (a curious, long dream about a deranged science teacher, for example, followed by a stimulating cup of glutinous caffeine, a lazy, late robin in the garden, etc.). Trading can be exceedingly demanding.
The interesting thing is that there's been a lot of divergence with the Naz CI this morning. While the Naz composite has been up, the Naz ST CI has been down (52 a few mins. ago). This is an indication of weakness in the rally. But the direction of the CI's can change at any point.
As you know, I'm always bullish on the market. I've been steadfastly bullish since 1929, when I first started day trading with an integrated circuit that I later introduced to Jack Kilby at Texas Instruments, a pioneer day-trader who invented a method to interconnect components on a chip, to help him with his technical analysis of stocks. This led to the development of early microprocessors for day-trading. With the development of the microprocessor, the brain became less important, leading to the evolution of the credulous investor and eventually the permabull.
ST Naz CI: 55.488 66.159
MT Naz CI: 45.105 53.779
LT Naz CI: 74.715 78.710
ST S&P CI: 35.955 29.888
MT S&P CI: 34.858 28.976
LT S&P CI: 72.941 70.498
The S&P ones are up, and the Transports are up, too, confirming the rally. The Naz ones are strangely down (meaning weakness).
Incidentally, the robin found a worm. A day-trading robin. |
