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Author Archives: Dave Landry
Dave Landry’s Market in a Minute
Random Thoughts The Ps once again probed support but managed to survive. Still, the market did end over ½% lower. The big arrow is pointing sideways. For those who don’t understand my most favorite indicator, this means that the market … Continue reading
Dave Landry’s Market in a Minute
Random Thoughts I’m a little concerned that we may have seen a “pause” day yesterday–a flat day right before the previous short-term trend resumes. Also, the market still looks like a big picture top. You have to be careful though. … Continue reading
Dave Landry’s Market in a Minute
Random Thoughts The good news is that the market didn’t come unglued. It found its low fairly quickly and then crawled its way back up. The bad news is that it still ended down hard for the day. This action … Continue reading
Dave Landry’s Market in a Minute
Random Thoughts The lack of follow through on Friday scores as a bummer. The indices remain set up as “Micro” First Thrusts down. The Rusty still has a Bowtie down. The indices are also beginning to take on a head … Continue reading
Dave Landry’s Market in a Minute
Random Thoughts The market got whacked again on Tuesday. So far, it only appears to be pulling back. Obviously though, it has to stop soon. Everyone wants to know exactly where the market will turn from bullish to bearish. There … Continue reading
Dave Landry’s Market in a Minute
Random Thoughts The Ps ended slightly in the plus column. This action keeps them at multi-year highs. The Nasdaq ended slightly in the minus column. This action has it just shy of decade plus highs. So far, the Ps & … Continue reading
Dave Landry’s Market in a Minute
Random Thoughts The market resumed its rally out of a Persistent Pullback pattern. This action has it at multi-year highs–decade highs for the quack! The strong such as Banks and Retail stayed strong on Thursday. What’s even more impressive is … Continue reading
Dave Landry’s Market in a Minute
Random Thoughts The indices bounced back nicely on Wednesday. As I said in my Service and yesterday’s Newsletter (and the MIM), I’d would have preferred a little extra weakness before the reversal–just enough to make the shorts comfortable and the … Continue reading
Dave Landry’s Market in a Minute
Random Thoughts The indices got whacked yesterday, duh! It’s not the end of the world though. So far, they only appear to be pulling back. If you missed the last cycle, this correction is a chance to look to get … Continue reading
Dave Landry’s Market in a Minute
Random Thoughts The Ps and the Quack pulled back bit on Monday. So far though, I think it’s just that, a pullback. The Rusty stabilized and actually ended higher. Futures are getting whacked pre-market so it looks like we’re in … Continue reading