Another big caution signal to me is the moving average ribbon on the daily and weekly $SPX, pinching from below. As Matt tells us, that first pinch after flipping is a low risk buy/sell depending on which way it flipped. Not a timing indicator, of course. Use other things for that.

Didn't see that at the time when I looked at it last night. Stockcharts updated after. Should have done a screen grab.

ha ha I hear ya brother.  heck me too especially since I do all the newsletters -  I need to cut that back eventually as I do have a family.  don't need detailed 30 min newsletters every day. It's harder than it would seem, I'm so used to doing the newsletters in this format, and there's always stuff that I want to show, it's really difficult for me psychotically to just throw a few charts out there LOL

Caution. What's yours?

Sorry, haven't been able to listen to the newsletters this week. Long days. Just enough time to review my own chartlists and crash.

$CPCE shorts - Chart Linkhere's the chart showing it closing outside the upper BB's

now...unless a true lower high forms here and we go back to the lows, most of the time if the market is not going to test the lows and is instead in an uptrend, this signal can be early by several days, look a look at the past signals.  When you are in a downtrend and form that lower high wave B such as in late March 2025 this works well for a good sell, other times you tend to get a pullback of several days to a week only

Breadth Thrust Zweig Martin - Chart Linkthis isn't going to signal a breadth thrust buy signal like we saw in April, however it has 'thrust up' pretty quicky, yet more evidence of the lows put in. 

that said, looking for a pullback here soon,

Glad the VVIX/VIX ratio following the VIX at the moment, both of which closed outside their lower BB's.  You've been here for years, you know about the VIX buy and sell signal when it's outside it's bollinger bands, then closes back inside. 

the fact that it is below the lower BB's just as I commented last night simply tells us common sense, that the market will need some sort of pullback soon. 

US Core CPI YoY Actual 2.6% (Forecast 2.7%, Previous 2.5%) 

US Core CPI MoM Actual 0.2% (Forecast 0.3%, Previous 0.2%) 

US CPI MoM Actual 0.9% (Forecast 0.9%, Previous 0.3%)

OK--- nice charts  --whats your conclusion ?

Anyone been following the Mythos news this week? https://www.axios.com/2026/04/08/anthropic-mythos-model-ai-cyberattack-warning

I've been working with a private security company this week. Can't say who. Anthropic called them Monday night. The security company expects their business to increase significantly as governments, companies, military, etc. realize just how f**ked they are. 

Yes.

$VVIX closed below the lower band yesterday. (The $VIX did too.) The bands are flaring, which to me looks more similar to last April than last December. $VVIX:$VIX closed above the upper band for the second day running.

Huge drop in it to .48 on daily chart. 

No STS update tonight.

Thursday's Newsletter

 my pleasure, and I get trade ideas from you guys all the time, I'm one guy, I can't find everything. we al share and grow together 

thx u matt for taking time to put this into your detailed charts. 

thanks kingpin15 for the detailed comments on all, here's some charts

ZD daily - Ziff Davis, Inc. - Chart Linkdaily chart is coiling for a trade setup here

ZD monthly - Ziff Davis, Inc. - Chart Linknow here's the monthly chart, crazy how it fell 83% off the 2021 highs.  The lows this year tested demand zone from 2012!  - that's why you can't just blindly hold a stock long term LOL

that said, the monthly chart is interesting, tested that long term support with a MONTHLY MACD and RSI positive divergence. you don't see that very often on such a large time frame

• Ziff Davis sold one of its divisions for $1.2 billion in cash, which was more than the entire company was valued at before the sale. This unlocked a lot of value and left the company with a very strong balance sheet.
• They now hold more cash than debt, which is rare in this sector.
• The remaining businesses are high?margin and well?known brands.
• Management has room to buy back shares, which can support the stock price.
• The company trades at a low valuationrelative to its earnings and cash flow.