Tim Knight | TalkMarkets | Page 79
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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Core Meltdown
At long last, the small caps have broken beneath their range.
Traverse Complete?
In the span of just hours, we’ve traversed from the peak of the medium-term channel to the bottom.
Overwrought (OSTK)
I intend to hang on to this one, since it has a history of reaching utterly goofy levels and spending months burning it off.
Unbroken
No matter what the world hurls at the market, the Powell Printer is more than a match.
Let The Wookie Win
Back in the early dotcom days, Pets.com became a notorious flop. Today seems to be a different story, as Chewy.com passes its first IPO anniversary.
Beyond Thunderdumb
Facebook. Yes, Facebook. Now worth over $800 billion for a website where you can share funny pictures with friends. There are no words left.
The Show Must Go On
Here are some individual stocks in the cinema world.
Bio-Break
The biotech fund is indeed pushing toward H&S completion.
Stock Split Magic
I’m not sure what logic people are applying, thinking that the splitting of a stock means it’ll just keep going higher in perpetuity.
What It Would Take
Thanks 100% to Powell, the S&P 500 hit the highest point in the history of the universe today.
Imperceptible
Gold continues to have the queer characteristic of thinking it is the S&P 500, more or less. It showed signs of breaking free yesterday. I wish it luck. It would be nice to see gold get a mind of its own.
Space: 1999
My view is that the $VIX has important horizontal support at 19.99.
Four Key Ratios
Even though this market feels incredibly “stuck” and under the thumb of the Fed, I have faith in the gargantuan cycles of price history, Powell be damned.
Picture Perfect
Surely the most unexpected hottest-stock-around is ancient outfit Eastman Kodak.
Pre-Fed ETF Stroll
Before the Powell bromides and pandering reassurances begins, here are a few important ETFs.
Obscenely Huge Week
Between FAANG earnings and major data releases, the coming week's market should be ... interesting.
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