Green Room Technologies Ideas

We are climbing the big lift hill. Recent repetitive rotations on falling volume feels like positioning in front of the news. The general expectation is clearly for good news but there is plenty to worry about. The news had better be good or watch out below. That first drop could be a doozy.

We navigate a period of time without much firm guidance awaiting earnings and economic data. When you attend open mic sessions, consider the source. We traverse a major life, economic, and market transition. There are bound to be a lot of amateur performances.

We navigate a period of time without much firm guidance awaiting earnings and economic data. When you attend open mic sessions, consider the source. We traverse a major life, economic, and market transition. There are bound to be a lot of amateur performances.

A negative week at the headline level without significant technical impact and a lot of internal bullish participation. Market mainly expects strong GDP and earnings growth upcoming. Anything less will be a huge disappointment.

A bullish week in a bullish market. It is healthy to sustain a correction in a dramatically overbought QQQ without crashing the whole market. SMIDs are overbought to extreme. Earnings beckon. We need some real data. In the meantime we probably have to endure both momentum and the repetitive binary trade.

The stock market appears to be in a transition from the acute Covid response to a life with Covid where vaccines are impactful and broader economic activity returns. Where, when and how much growth happens this year remains to be determined. Imagination will meet machines in next earnings season.

We seem to be in the early stages of the market’s transition from full Covid impact to continuation Covid with vaccines. There was really no news to report last week of a particularly negative nature. The noise around yields and inflation is worth monitoring. In the meantime, algos will reset as algos do.

I think the main thing to worry about is whether or not we should be worried. As previously noted either continuation of prior trends or even 5% pullbacks are reasonable ways for the stocks to recalibrate without changing the bullish trends. It’s worry season. And spring is coming soon.

This week saw an echo continuation of the prior week’s extremely strong bullish move. There were no specific changes in trends except perhaps the VIX which if its trend confirms should continue to move lower and stock prices higher. Most signs point to continued bullishness. Until they don’t.

Big tech earnings, fiscal stimulus, vaccines conspired to rally stocks. Tech and SMIDs drove the gains. Stocks + Treasuries + US dollar + commodities + technical analysis all signal an economic growth scenario and a bullish stock market. Stay tuned to see if it works that way.