Tim Knight | TalkMarkets | Page 107
Managing Partner at Tim Knight Organization
Contributor's Links: Slope of Hope Slope+
Tim Knight has been charting and trading since 1987. His first stock trade was, in fact, on October 19, 1987 – the day of the crash – which perhaps goes a long way explaining his disposition toward ...more

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Shorting Mark
I didn’t anticipate shorting Facebook, but after their big bump this morning, I couldn’t stop myself.
Safety Trades Fade
Precious metals can’t seem to get off the mat, no matter what the other markets are doing.
Nasdaq: Seven Thousand
I want you to keep one simple number in mind: 7,000. In my opinion, that’s an important line of resistance for the NQ at this point.
Nasdaq Reached Major Support
Yesterday, the Nasdaq got clobbered so hard that it did something it hasn’t done in years: it tagged its long-term supporting trendline. This line goes back to March 6, 2009, when this idiotic bull market started.
"Will Chart For Booze" (And Advise About Google)
One of the core truths I hold dear, and what I’ve told my children endlessly, is that People Are Far Dumber Than You Can Imagine. Just look at Google's charts today. Or Amazon's.
Interest Rates: Spot The Trend
Check out these six important charts. Can you spot the trend?
TLT-ing Lower
Bonds are continuing to breakdown.
The Uncrossed Chasm
The enormous gap in the stock market isn’t to be trifled with. We’ve got a nice sea of red this morning, and it’s a fine way to start the day after yesterday’s nauseating buy-fest.
Armed Resistance
Some sectors are incredibly beaten-down and have tons of room to the upside, potentially.
Up In Smoke?
Phillip Morris stock is forming a gargantuan top, even after having lost so much of its value.
The Ghosts Of Retail Past
When I was a kid, the “nice” store was Sears and the also-ran was JC Penney. You could kind of tell how nice a mall was by which one of those anchor stores they had. Well, that’s all ancient history now.
As God Intended
Support is now resistance. Just breathtaking.
Brandywine And Roses
Here’s one of the survivors that it's an absolute dynamite: Brandywine Realty.
Emerging Support?
The emerging markets have been extraordinarily chart-able for 2018.
Damaged In Transit
Packaging Corporation of America has been getting firebombed the last two days.
Stairsteps
The tone of the market certainly seems to have changed recently. The VIX managed to traverse from about 11 to nearly 17 within a matter of days, and some sectors, particularly in technology, are finally beginning to take on some meaningful damage.
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