Author Archives: thedangerpoint

Viva Las Vegas!

January 8, 2026 By in 2007 - 2008, Artificial Intelligence, S&P, S&P 500, Spring-to-Up-Thrust, Up-Thrust, ZeroHedge Leave a comment

Well, Not Really

It’s no secret the ‘consumer’ is up against a wall.

FRED links for various forms of debt are here, here and here.

Then, we have this just out from ZeroHedge; wide disparity between bonds and the market.

Original website, link here.

Paraphrasing from that link:

‘Expect to see an equity crash that will rival or surpass any seen before.’

We’ve all been hearing that for a long time. Are we close?

Well, some sectors are already rolling over.

The focus (on this site) for a while, has been ‘consumer discretionary’ and related.

Yesterday, was DoorDash. Today, is Las Vegas.

Las Vegas Sands LVS, Monthly

During the last melt-down, LVS cratered over -99%.

The monthly chart shows the potential.

At present, we have a repeating pattern: Spring to Up-Thrust (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

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

DoorDash … Reversal Update

January 7, 2026 By in Bert Dohmen, DASH, DASH-25-01, DASH-26-01, David Weis, Wyckoff 1 Comment

Volume Clues

First time coverage on resistance and (potential) downside reversal on DASH, was here.

At this juncture, DASH gives us a volume clue.

Bert Dohmen commented in recent interviews, that ‘no one looks at volume’.

He (Dohmen) thinks it’s important as did Wyckoff and David Weis; covered on this DVD.

Today’s action stalled at resistance (blue line).

Volume compared to the prior session, contracted by -32.61%, or –33%.

We can see, there’s not a lot of distance to confirm a reversal (down) or continuation to the upside (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

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

Tesla Reversal & New Low(s)

January 6, 2026 By in TSLA, UBER, UBER-26-01 Leave a comment

Watch for The Close

Tesla struggled above resistance, near all-time highs for nine trading days, before reversing lower.

Now, as shown, it’s posted a new daily low … below established support.

Watch price action into the close for a rally attempt; if it happens, risk is narrowed on a short trade, i.e., today’s high (not advice, not a recommendation).

Separately, Uber trade UBER-26-01, was closed out in the pre-market at break-even, before launching higher in the regular session (not advice, not a recommendation)

Stay Tuned

Charts by StockCharts

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

then

Uber … in the Channel

January 5, 2026 By in $SPSIBI, Biotech, SPBIO, UBER, UBER-26-01, XBI 2 Comments

False Breakout?

The chart of Uber is similar to biotech XBI, from last year, link here.

Back then, it looked like there was a breakout from a trading channel.

That update said:

“If the trendline is in-effect, meaning the market’s hanging in mid-air in a false breakout, getting back into that trend may result in some dramatic downside action.”

That’s what happened. Biotech collapsed in to the ‘Tariff’ meltdown.

Is that where we are now, with UBER? (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

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

Buy Now, Pay Later

January 4, 2026 By in DASH, DASH-25-01, KLAR Leave a comment

DoorDash, Tracks Klarna

Buy Now, Pay Later, Klarna (KLAR) went public last September 10th.

It’s been (almost) non-stop downhill, from there.

From the IPO, KLAR is now down -37.65%.

Looking at DASH during the same time-period, shows near one-to-one correlation (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

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

CrowdStrike to Test

January 3, 2026 By in CRWD, Goldman, Mark Douglas Leave a comment

‘Normal’ Market Behavior

The last update on CrowdStrike, was here.

Now that we got the break, the question for the next few trading sessions, is whether or not we’ll have a test (not advice not a recommendation).

Mentor Moment

Mark Douglas discusses changing one’s expectations to align with the market, link here.

With that in mind, here’s how Goldman Sachs plans to align themselves with the market, link here.

Stay Tuned

Charts by StockCharts

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

Walmart & Waste Management

January 2, 2026 By in WM, WMT Leave a comment

Pre-Market Prep

Walmart posted all-time highs last December 15th,

The bounce off support has been weak.

Waste Management (WM) is in a wedge formation (chart not shown).

Stay Tuned

Charts by StockCharts

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

Tesla’s Electric Short

January 1, 2026 By in AMZN, CRWD, TSLA, XLY, XLY-25-03, ZeroHedge Leave a comment

Ignored, by ‘Mr. Big’

The latest out from ZeroHedge, says that Michael Burry (a.k.a., The Big Short), while claiming Tesla is overvalued (current P/E, 271), does not have a short position.

Adding to the ‘overvaluation’ theme, is deterioration in sales that’s now entering its second year; here and here. Yet, TSLA just made all-time highs this past December 22nd.

In a nutshell, this is the problem with ‘fundamentals’.

Meaning, as far as assessing price action probability, they’re not useful and never have been (not advice, not a recommendation).

A good example of that premise is CrowdStrike (CRWD); with its current P/E, at minus 428. That’s a negative.

When their P/E, is positive, which is not often, we get numbers like 786; yet, the closing price (yesterday) for CRWD was 468.76, with a market cap of 119.4 billion.

How does that even work?

Possibly more entertaining from the ZeroHedge link, are the comments. All kinds of reasons not to short Tesla.

Tesla TSA, Daily

What do you see?

TSLA printed an all-time high on an attempted breakout that has so far, fallen below resistance.

On the sell side, is of course, to short TSLA directly.

Not wanting to be completely exposed to any untoward action, one can short Consumer Discretionary XLY, and effectively short AMZN as well (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

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

DoorDash Reversal

December 31, 2025 By in Car Questions Answered, DASH, DASH-25-01 4 Comments

Consumer, Running on Fumes

If the consumer was just fine, then we wouldn’t have announcements of one business failure, or plant closure after another, here, here and here.

DoorDash (DASH) falls into the (completely) discretionary camp.

Does anyone really need this?

The chart shows a massive (largest ever) downward thrust on November 6th, from which DASH has been attempting to recover.

This past week, it looks like that recovery has failed (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

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

Delta … Resistance & Reversal

December 30, 2025 By in Airlines, DAL, DAL-25-06 Leave a comment

Bearish Divergence

Delta’s (DAL) the largest cap in the airline sector.

For the past three weeks, it’s attempted to break out above prior long-term highs.

That breakout so far, appears to be failing (not advice, not a recommendation).

Delta Airlines DAL, Weekly

Yesterday, DAL posted a new weekly low. Today, has been a test of that break (so far).

On the chart, we have an MACD bearish divergence.

Stay Tuned

Charts by StockCharts

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