Comments on: Technical Analysis of Stocks, Bonds, Commodities, & Forex 12-13-23 https://rightsideofthechart.com/technical-analysis-of-stocks-bonds-commodities-forex-12-13-23/ Stock Trading, Investing & Market Analysis Thu, 14 Dec 2023 15:09:09 +0000 hourly 1 https://wordpress.org/?v=7.0.2 By: KevinK https://rightsideofthechart.com/technical-analysis-of-stocks-bonds-commodities-forex-12-13-23/#comment-30027 Thu, 14 Dec 2023 15:09:09 +0000 https://rightsideofthechart.com/?p=212985#comment-30027 In reply to trade0039.

Small cap stocks have been lagging for years. Maybe time for a catchup.
IWM has been in a range of 160-196 since April 2022.
Just broke out today (around 198) Could be a buy signal.
Small caps are at about 13-14 times earnings compared to large caps at 20+ and the Mag 7 thru the roof.
Small caps might be the best play in the house now. IMO.
January is historically a great month for small caps.
Be aware…Presidential cycle turs bearish for a while near the end of January in the election year.

]]> By: Imadaytr8r https://rightsideofthechart.com/technical-analysis-of-stocks-bonds-commodities-forex-12-13-23/#comment-30026 Thu, 14 Dec 2023 15:04:08 +0000 https://rightsideofthechart.com/?p=212985#comment-30026 In reply to trade0039.

Green! Green! Green!

]]> By: trade0039 https://rightsideofthechart.com/technical-analysis-of-stocks-bonds-commodities-forex-12-13-23/#comment-30025 Thu, 14 Dec 2023 14:48:09 +0000 https://rightsideofthechart.com/?p=212985#comment-30025 Randy can you provide quick updates on what your thoughts are here?

]]> By: trade0039 https://rightsideofthechart.com/technical-analysis-of-stocks-bonds-commodities-forex-12-13-23/#comment-30024 Thu, 14 Dec 2023 14:30:43 +0000 https://rightsideofthechart.com/?p=212985#comment-30024 In reply to KevinK.

All small cap stocks and entire sectors are participating this rally! not sure when we will see the retracement and not to mention Santa rally could be coming too!

]]> By: KevinK https://rightsideofthechart.com/technical-analysis-of-stocks-bonds-commodities-forex-12-13-23/#comment-30023 Thu, 14 Dec 2023 05:48:07 +0000 https://rightsideofthechart.com/?p=212985#comment-30023 In reply to trade0039.

Apple new all time high… Apple hit 3T on Dec 5…just made $114 billion in last 6 days
QQQ new all time high.
Even the crappy Dow is at an all time high.

]]> By: trade0039 https://rightsideofthechart.com/technical-analysis-of-stocks-bonds-commodities-forex-12-13-23/#comment-30022 Thu, 14 Dec 2023 02:55:34 +0000 https://rightsideofthechart.com/?p=212985#comment-30022 ES, NQ, YM and SOXX all are at All Time Highs…

]]> By: william9in https://rightsideofthechart.com/technical-analysis-of-stocks-bonds-commodities-forex-12-13-23/#comment-30021 Thu, 14 Dec 2023 01:05:01 +0000 https://rightsideofthechart.com/?p=212985#comment-30021 My SPX chart guides me; I align with bullish or bearish trends based on market signals, without trying to predict the future. For years, I’ve followed Randy’s market analyses. His insights are valuable, and he demonstrates a deep understanding of market dynamics. Yet, it’s important to acknowledge that predicting the future is beyond anyone’s expertise.

]]> By: aturchin https://rightsideofthechart.com/technical-analysis-of-stocks-bonds-commodities-forex-12-13-23/#comment-30019 Thu, 14 Dec 2023 00:46:52 +0000 https://rightsideofthechart.com/?p=212985#comment-30019 In reply to trade0039.

Wouldn’t you be stopped out already then?

]]> By: trade0039 https://rightsideofthechart.com/technical-analysis-of-stocks-bonds-commodities-forex-12-13-23/#comment-30018 Thu, 14 Dec 2023 00:37:02 +0000 https://rightsideofthechart.com/?p=212985#comment-30018 In reply to Imadaytr8r.

NQ Futures are already up again 0.6% and ES is up 0.45%.

]]> By: yahoo https://rightsideofthechart.com/technical-analysis-of-stocks-bonds-commodities-forex-12-13-23/#comment-30017 Wed, 13 Dec 2023 21:28:26 +0000 https://rightsideofthechart.com/?p=212985#comment-30017 In reply to trade0039.

The market has been up because the market makers have been anticipating dovish tilt (i.e. a pivot) – in other words, rate cute early next year. Fed chair kind of delivered that message today (without saying those specific words). Here we are listing to Randy’s short analysis. Yes, we are overbought in short term but we are moving higher. Also, Fed/Treasury is front-loading this market before the election, therefore, more upside. This comment is not meant to preach to anyone as I’m in deep red this year.

Randy’s analysis was spot on last year but he has been wrong side of the chart this year. This is not meant to be a snarky comment. This market is different this year and maybe 2024.

]]> By: Imadaytr8r https://rightsideofthechart.com/technical-analysis-of-stocks-bonds-commodities-forex-12-13-23/#comment-30016 Wed, 13 Dec 2023 20:48:48 +0000 https://rightsideofthechart.com/?p=212985#comment-30016 I think we missed the biggest cliff of the last 30 days … NATGAS down 32%!!! That’s not supposed to happen on a BEAR Blog is it? KOLD up 100%! 100% in 30days! That’s a BEAR position that nobody had in this pool of BEARS! Oh, how’s WEAT doing? (Hand slapping forehead!)

]]> By: seasix https://rightsideofthechart.com/technical-analysis-of-stocks-bonds-commodities-forex-12-13-23/#comment-30015 Wed, 13 Dec 2023 20:37:37 +0000 https://rightsideofthechart.com/?p=212985#comment-30015 Time for the santa rally to begin, god help those short. Randy will be crowing about how he got the long bond trade right though every other day. But he got his (and subscribers) nuts crushed in his QQQ shorting.

]]> By: trade0039 https://rightsideofthechart.com/technical-analysis-of-stocks-bonds-commodities-forex-12-13-23/#comment-30010 Wed, 13 Dec 2023 19:39:04 +0000 https://rightsideofthechart.com/?p=212985#comment-30010 In reply to trade0039.

Randy your sell signal fired when Q’s were at 367 on 3rd Nov and since then QQQ has rallied 9.7%. So where do we put the SL now?

]]> By: trade0039 https://rightsideofthechart.com/technical-analysis-of-stocks-bonds-commodities-forex-12-13-23/#comment-30009 Wed, 13 Dec 2023 19:35:50 +0000 https://rightsideofthechart.com/?p=212985#comment-30009 In reply to trade0039.

I took Short GBTC, Long VIX and Short Q’s which all are in deep deep RED!!!

]]> By: trade0039 https://rightsideofthechart.com/technical-analysis-of-stocks-bonds-commodities-forex-12-13-23/#comment-30008 Wed, 13 Dec 2023 19:31:00 +0000 https://rightsideofthechart.com/?p=212985#comment-30008 In reply to trade0039.

Also if we are short here since last 2 weeks where would you put stop loss?

]]> By: trade0039 https://rightsideofthechart.com/technical-analysis-of-stocks-bonds-commodities-forex-12-13-23/#comment-30007 Wed, 13 Dec 2023 19:18:31 +0000 https://rightsideofthechart.com/?p=212985#comment-30007 Non-event is killing the bears so far lol!

QQQ is up 0.7%
SPY is up 0.6%
SOXL is up 3.2%

Randy is these any other TA besides Divergences that support your thesis???

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