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You always learn more on the first rally attempt after a Bad Break in the market. I have had this quote posted near my screen for years.Similar quote from Livermore: “Never try to sell at the Top. It isn’t wise. Sell after a reaction if there is no rally.” The market is simply not acting […]

“Space: the final frontier”…… per Capt. James T. Kirk, starship Enterprise Or is this just the beginning? The SpaceX Offering has created plenty of buzz and excitement. But what kind of IPO really is this? 20 years ago, IPOs were a source to raise capital for young companies to growth their business early in their

Markets continue their pattern of decent strength on M-W and here we are Thursday, and heavy selling in growth stocks. Whatever the excuse (War, Oil, Inflation 10yr Yields rising, etc), it doesn’t matter, selling is selling. Tech was thrown overboard today:XLK -3.1% New LowXLC -2.4% New LowSMH -4.6% Rejected at 50dQQQ -2.4% New LowsARKK -3.6%MAG

Growth was up across the board today.  2/3 of RKi Watchlist Names were green today, most with gains of 1% or more, a good sign.Even the beaten down Software ETF (IGV) was +1.9% on biggest volume of the waterfall decline and held lows….maybe the bottom? SP 500 +.77%Nasdaq +1.05%Technology (XLK) +1.3%QQQ +1.07%MAGS +1.1% (Mon, Tues

Today’s action after a stronger Labor report: SP 500 -.01%Nasdaq -.16%Dow -.13%QQQ +.27% Try to keep things as simple as possible. The context is last week we had a “distribution cluster” on the Nasdaq closing below the 20d and 50d. A Bloodbath triggered and Hindenburg Omen triggered. Don’t get caught up in the “precision” in

One day does not a market make. Yesterdays up day was wiped out with todays action. Remember 3/4 of stocks will follow the General Market.SP 500 -.8% closing above 50dNasdaq -1.4% closing below 50dDow -.3%QQQ -1.5% Bearish Engulfing Candle today has now closed below the 20d and 50d MAs. This relentless market chop continues making

Volatility continues to make this market very difficult…… Leaders from the start of 2026 were under fire today: Commodities were hit today as Silver and Gold gapped up and reversed. Coal and Uranium were also smacked hard today.XME -4% but from the highs the reversal was a steep 7% dropSmall Caps which started selling off

As we discuss in yesterday’s Focus List video and Friday’s GMU, a complete breakdown in Technology could bring a swift decline for markets. No one was spared today as IWM -1.2%, MDY -1.4% joined the tech heavy Nasdaq gapping down at the open/closing -2.4%. QQQ -1.3% also gapped down, approx. -1.3% below a now declining 50d

Today’s action had Advancers leading Decliners 1.7 to 1 which is good breath BUT a closer examination reveals the Sectors that were leading the move were Defensive and Inflationary in tone. XLE +2.3% EnergyXOP +1.7% Oil ExplorationXLV +0.7% (Healthcare)XLP +1.4% (Staples)…..+7.5% gain in past 5 days XLK -1.2% TechnologyIGV -2.2% SoftwareSMH -0.8% SemisHACK -0.6% Cybersecurity