Thermo Fisher … Update

April 20, 2026 By in TMO, TMO-26-01 Leave a comment

‘Expectations’

The expectation for TMO, was an immediate (decisive) continuation lower after its ‘test‘.

It didn’t happen. At least, not yet.

Instead, we have what appears to be coiling action.

There could still be a move to the downside.

However, earnings are coming up on Thursday (4/23) before the open.

It’s a little bit late to have an open short with no significant profit leading into that event (not advice, not a recommendation).

Trade TMO-26-01, exited at essentially break-even.

Stay Tuned

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

GE … Head & Shoulders

April 19, 2026 By in GE, TMO, TMO-26-01 Leave a comment

Giving it all she’s got, Captain

If an all-out war can’t lift GE to new highs, then what can?

With the on-again, off-again, and now back on-again hostilities, we’ll get to see if this next round of kabuki causes any kind of upward blip in GE.

In the meantime, let’s look at what the market is actually doing; not what it ‘should’ do in response to news.

General Electric GE, Daily Close

In similar fashion to Thermo Fisher (TMO) testing its reversal last Friday, link here, GE appears to be doing the same (not advice, not a recommendation).

Futures open is later today.

Stay Tuned

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

The Top 1%

April 18, 2026 By in Floored, Linda Raschke, The Top 1% 2 Comments

Linda Raschke, Master Trader

She needs no introduction but for those unfamiliar, here are some references.

Featured in the documentary Floored, her comments start at time stamp 4:34.

Other YouTube references are here and here.

Interview: Linda Raschke

Recent comments on being proficient, successful, flexible and un-biased, link here.

She speaks for a total of nine-minutes and twelve seconds; every single word is important.

Key Takeaways:

‘Ego, and calling direction, the most harmful thing a trader can do’

‘Attempting to project’

‘Waiting for the opening, does not come along that often’

‘Using weekly chart’

‘Frequency of Occurrence per market’

‘Profit centers’

‘It’s an 80-hour a week job’

‘Always looking ahead to the next trade and not thinking about trying to get back in’

‘Maintain fexibility’

‘No opinions … period, don’t box yourself into a corner’

‘Even verbalizing creates a bias’

‘Where the market shouldn’t go’

Stay Tuned

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Thermo Fisher … Another Set-Up

April 17, 2026 By in CDNS, CDNS-26-03, TMO, Up-Thrust 2 Comments

Next Leg Down?

Unlike Cadence (CDNS) which has not made a new daily low from its up-thrust position, Thermo Fisher Scientific at left, has made that low.

Today, could be a continuation to the downside or a test of the reversal (not advice, not a recommendation).

Stay Tuned

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Cadence … Lying in Wait

April 16, 2026 By in CDNS, Spring-to-Up-Thrust, Up-Thrust 1 Comment

Repeating Pattern, Near Complete

There have been two short-position trades (not discussed on this site) in Cadence CDNS, so far this year.

Both were small losses.

After the last trade on March 5th, notes were made on the watch-list chart, to the effect:

‘Wait for the up-thrust’

Fast-forward to today.

If CDNS manages to finish the day above the close of March 4th (305.43), it would then be in up-thrust position (not advice, not a recommendation).

The chart shows the situation as of 11:45 a.m., EST

Cadence Design Systems CDNS, Daily Close

Note the ‘Ready’ indication.

That arrow corresponds to this link.

In my opinion, the comments on that post are nearly, if not more important, than the post itself.

Stay Tuned

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Corning … Tops and Stalls

April 15, 2026 By in Artificial Intelligence, GLW, GLW-26-10, Up-Thrust Leave a comment

Three-Day divergence

The last two trading days for GLW, have posted new daily lows, and closed lower.

On the 3-Day chart at left, tomorrow is ‘Day 3’ for the current price bar.

We have an obvious bearish MACD divergence.

Price action is also in ‘up-thrust’ position (potential reversal) with current price level just above prior resistance (not advice, not a recommendation).

Stay Tuned

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Oil & Gas … Exhausted

April 14, 2026 By in Carl Vernon, DRIP, DRIP-26-01, Neo Feudalism, Oil, Oil & Gas, Spring-to-Up-Thrust, Survival Lilly, Up-Thrust, XOP Leave a comment

Demand Collapse?

Across the pond, the U.K. seems ready to introduce Universal Basic Income; welcome to Neo Feudalism.

Meanwhile, back at the ranch in Germany, we have Survival Lilly giving us updates near daily, on that pending implosion.

‘You will own nothing‘, time Stamp 6:20

With all of that said, including the military hijinks in the straight, you would think uncertainty results in oil prices ever higher.

At this point, it’s not happening.

Oil & Gas Exploration ETF, XOP, Weekly

Oil & Gas Sector XOP, has been declining for three straight weeks (not advice not a recommendation).

There’s the familiar pattern: Spring-to-Up-Thrust

Like previous posts, we need to be reminded (at least I do), of the massive scale of events.

Stay Tuned

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

CORN … Massive Volume

April 13, 2026 By in Corn, Derecho, Teucrium Leave a comment

Never-Before-Seen

Trading in Teucrium Fund CORN, is at levels not seen in its history.

If we use the prior example of when there was an aberration in volume, there was a weather ‘event‘ six-to-eight weeks later (not advice, not a recommendation).

Stay Tuned

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Sliver … a second opinion

April 12, 2026 By in Gold & Silver, SLV Leave a comment

Different Approach, Similar Result

Yesterday’s update presented a scenario, suggesting lower prices for silver are more probable (medium term) than higher.

Another method to use for what might be next, linked here.

Important to note, the above link makes the assumption we’re in a ‘breakout’ scenario; different from ‘we’re still in a meltdown’ scenario (not advice, not a recommendation).

However, the following comment from that post sums up the situation fairly well as do the replies:

‘So difficult because in addition to historical patterns, we’re in unprecedented times.’

All the more reason to stay focused on price action; not the news, experts or pundits.

Stay Tuned

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Silver: Crash of ’08, and Now

April 11, 2026 By in Gold & Silver, 1987, SLV, 2007 - 2008, 1998, 2000 - 2001, Ox Talks, Bubba Trading, David Lin Tags: , , , , 1 Comment

Possibilities for The Present

Is it the same as ’08, but worse?

For old-timers who were there during the crash of ’08, and ’00, and ’98, all the way back to ’87, the pattern of ’08, was different.

During the ’08 crisis, you could see (and feel) in real time, how the burden was transferred by decree, to the public.

Along with that, was:

‘If this thing somehow manages to pull out, the next time (and there will be a next time) there’s no saving it’.

Re-Visiting, ’08

Data’s accumulating, building the case, we’re back to the ’08 playbook (not advice, not a recommendation).

2008 All Over Again- Jamie Dimon Says Defaults Are Coming, link here.

They Rebuilt the 2008 Crash Machine — And Put It In Your Retirement Account, link here.

‘I Expect Something Similar To 2008’ Warns Trader | Todd Horwitz, link here.

Memory Lane

Just a reminder of what it was like back then, this link.

Flash Crash ’10

Since we’re building a case, let’s throw in this, link here.

‘all the way down … 79s are tradinggggggg…’

Silver Then, Silver Now

So, how did silver behave during that blow-up in ’08. Did ‘everybody’ flock to safety?

The short answer is no. Silver got hammered; down nearly 60%, right along with the rest.

Only afterwards, did it launch into a bull move. All of which, brings us to today.

Silver Tracking ETF, SLV, Monthly

Looking at the chart, one can immediately understand what’s being suggested (not advice, not a recommendation).

A decline of 60% from the January 29th, high, puts SLV in the vicinity of 43 – 44 (not advice, not a recommendation).

Stay Tuned

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279