Dinks In The Kitchen. I Perch Observations #18 I November 16th
Supporting swing traders with systematic edge, patience and risk management. I Weather Report covering futures, equity indices, stocks, bonds, commodities, currencies, crypto. I Disclaimers.
Before we get into the chart review, reading the latest price action and Podcast suggestions, in The Great Glass Elevator I Perch Observations #15 I wrote about the Wall of Worry:
Jim Paulsen is definitely wayyyyy smarter than me:
I think the biggest thing that I’m still drawn to and comforted by is the amount of fear and pessimism that exists.
And I really think this is the biggest positive force for this entire bull market, has been a perpetual huge wall of worry, and it just won’t go away. And I think, that’s the biggest thing driving the bus here.
Consumer confidence is still at an all-time record low. The CNN Fear and Greed Index right now, I think, is at 42, which is in the fear category, below the median of 50%, even though the market’s at a record high or very close. The Fed is scared enough to ease.
That’d be my takeaway.
Not a recommendation or endorsement I Not investment advice
Welcome to Little Bird Trading. My goal is to help swing traders: those working full-time, busy parents, or anyone who just doesn’t want to mess with positions daily.
My offer is simple: systematic edge, patience, and risk management so subscribers can own charts like this
All weather reports cover two time frames:
“Traders” — Target holding timeframe of days to weeks.
“Investors” — Target holding timeframe of weeks to months.
No Risk 7-Day FREE Trial
Unlike the markets, we’re offering a risk-free setup. Not sure yet about Little Bird Trading? Please use the 7-day free trial button to view everything behind the paywall.
Not a recommendation or endorsement I Not investment advice
Dinks In The Kitchen
I’ve spilled plenty of digital ink about SPY $665 and that miracle magnet continues to show its strength. Here’s the image in I don’t wanna talk to a scientist. It’s the gaps, stupid. I Perch Observations #17 from below the paywall
Let’s zoom in and discuss further…
Disclaimer: Little Bird Trading and any of its associations may or may not, whether long or short, have a position in any instruments. Not investment advice. Provided for informational purposes only. Not a recommendation or endorsement. Not registered or licensed. Model portfolios are property of their respective owners. All data is sourced from publicly available information. No guarantee is being made or offered. Not responsible for financial loss or ruin.
Enjoying this content?
Subscribe on Substack