Monica Kingsley

Articles by Monica Kingsley

The much-anticipated upswing continuation came yesterday, and the bulls certainly fought hard to keep up the upside momentum. To what degree have they been successful with most of the intraday gains evaporating before the closing bell?...
As if the Fed’s unlimited QE wasn’t enough, we’ll get a $2T stimulus now. Predictably and much to our subscribers’ delight, the S&P 500 loved that. As it sprang to life, we’ve already cashed in an 82-point profit on that upswing. As we...
On the heels of the Fed’s unlimited QE promise, the S&P 500 sprang to life finally. All the gains though were given up in less than three hours. As the futures keep climbing overnight, does it herald a turnaround?

Let’s start our...
The S&P500 upswing didn’t materialize on Friday, and our decision to go short has paid off handsomely. Taking stocks to new 2020 lows on both intraday and closing basis, the bears clearly had a field day. As the S&P 500 closed the...
The S&P 500 sank to new 2020 intraday lows yesterday, but staged a recovery in the closing hours. That’s what has happened in both preceding sessions. Will the gains finally stick one of these days?

Let’s dive into the daily chart (...
Going into yesterday’s trading, the S&P 500 could have shown some signs of life. After all, the pace of selling pressure looked to have abated with Friday’s encouraging reversal into the closing bell. But after a meek attempt to narrow...
Bouncing off yesterday’s new 2020 intraday lows, the S&P 500 closed higher on the day. But what about today’s premarket action? The bulls didn’t add to their gains in the overnight trading. With the futures back below 2400, where next...
Yesterday’s session in stocks was a true bloodbath that extended well into today’s overnight sessions. It offered two glimmers of hope: one very temporary that came shortly after we exited our tremendously profitable short position, and...
If you think that yesterday’s session in stocks was a bloodbath, don’t look at today’s overnight trading. It would be an understatement to say that the markets didn’t buy into stimulus package contours or the 30-day Europe flights ban....
After Monday’s plunge, stocks staged a rebound on Trump’s stimulus promises. While the bulls closed higher than the market opened on Monday, was it a resounding show of their strength?

Let’s jump right into the daily chart to find out (...

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The symbol for silver ‘AG’ comes from the Latin word ‘agentum’ meaning silver.