Mark Ungewitter @mark-ungewitter.bsky.social · 19hSummary execution, of course, for those impersonating other accounts. 010
Mark Ungewitter @mark-ungewitter.bsky.social · 19hBlockworthy behaviors: Ad hominem attacks; Obnoxious swagger; Overall jerkiness (unless it’s funny) Others? 120
Mark Ungewitter @mark-ungewitter.bsky.social · 19hIt's not the substance of your argument I object to. It's your false use of of the word "finally" and told-you-so mindset. Since you're here on Bluesky, I presume your no fan of hubris. We can do better. <End> 100
Mark Ungewitter @mark-ungewitter.bsky.social · 21hGeek note: Zweig Breadth Thrust is virtually foreclosed, as it requires average advancing/total issues of ~77% over the next three sessions. Comment: ZBT typically signals new advances, but new advances don't require ZBT. 050
Mark Ungewitter @mark-ungewitter.bsky.social · 21hOnly if you also record your failures. Take a tip from an oldster. This is a tough game. Humility pays. 100
Mark Ungewitter @mark-ungewitter.bsky.social · 10/10/2026Nothing unhealthy about SPX price structure. Favoring upside resolution given constructive seasonality and proximity to April’s thrust, while adopting tight stops in recognition of today's price/breadth anomaly. 072
Mark Ungewitter @mark-ungewitter.bsky.social · 09/10/2026Nothing unhealthy about October's breadth momentum. 071
Mark Ungewitter @mark-ungewitter.bsky.social · 09/10/2026Algos scalp, vendors vend. Don’t lose sight of major trend. –Max Addendum 🤪 030
Mark Ungewitter @mark-ungewitter.bsky.social · 09/10/2026Daily thrills cause mainly spills. Prefer by far the weekly bar. –Max Adage 260
Mark Ungewitter @mark-ungewitter.bsky.social · 09/10/2026Algos scalp, vendors vend. Don’t lose sight of major trend. –Max Addendum 🤪 010
Mark Ungewitter @mark-ungewitter.bsky.social · 09/10/2026I recently recanted after favoring bonds since the 2023 bottom. My constructive outlook was based on 1970s behavior, which suggested a stronger counter-trend rally than ultimately occurred. There’s nothing wrong with changing your mind. "Told you so" is the greater sin, IMO. bsky.app/profile/mark... 100
Reposted by Mark UngewitterMark Ungewitter @mark-ungewitter.bsky.social · 04/08/2026Rule 1: Don’t fight the tape Rule 2: Don’t forget rule 1 0112
Mark Ungewitter @mark-ungewitter.bsky.social · 08/10/2026Put differently in terms of the X-axis, TLT's breakdown from a multi-year consolidation is just a month old. No time to be a hero. 160
Mark Ungewitter @mark-ungewitter.bsky.social · 08/10/2026I’m perhaps the world’s worst Elliott wave practitioner, but I know enough to avoid what appears to be an impulsive wave-3 collapse. 1101
Mark Ungewitter @mark-ungewitter.bsky.social · 07/10/20262/ This game is never easy. If someone suggests otherwise, run the other way. 070
Mark Ungewitter @mark-ungewitter.bsky.social · 07/10/20261/ Historically rare price versus breadth is worth noting amid bullish price action, oversold internals, and favorable seasonality. How am I navigating? By adding equities while adopting tight stops in recognition of today’s price/breadth anomaly. 180
Mark Ungewitter @mark-ungewitter.bsky.social · 06/10/2026“Avoid both doomsters and pom-pom boys” is the version I learned on the trading floor. 🤪 070
Mark Ungewitter @mark-ungewitter.bsky.social · 06/10/2026SPY gaps to new high. Needless to say, a strong close would be constructive. 170
Mark Ungewitter @mark-ungewitter.bsky.social · 05/10/2026A seasonal advance, if that’s what’s brewing, projects QQQ toward 887 based on 7-column sideways at 3% scale. 🤔 190
Mark Ungewitter @mark-ungewitter.bsky.social · 05/10/2026GSCI Commodity Index, long-term perspective. 050
Mark Ungewitter @mark-ungewitter.bsky.social · 05/10/2026U.S. Dollar Index, long-term perspective. 040
Mark Ungewitter @mark-ungewitter.bsky.social · 04/10/2026Neither a doomsayer nor a cheerleader be. #PermaPragmatic 040
Mark Ungewitter @mark-ungewitter.bsky.social · 02/10/20264) Needless to say, any form of breadth thrust would also indicate a durable new advance. Worth noting that a ZBT setup was logged on September 30th. 140
Mark Ungewitter @mark-ungewitter.bsky.social · 02/10/20263/ What evidence? Record highs in SPX and NDX would be a good start. Breadth recovery would support the case. In recent decades, RASI >900 has confirmed fresh advances, as illustrated below. 130
Mark Ungewitter @mark-ungewitter.bsky.social · 02/10/20262/ It’s possible that the construct is meaningless, though it’s hard to deny the somewhat ordered rhythm since March 2009. My take? Scenarios 1 and 2 govern my risk-management mindset. Scenario 3 should not be ruled out, but requires further evidence. 120
Mark Ungewitter @mark-ungewitter.bsky.social · 02/10/20261/ SPX multi-decade trend channel offers three scenarios: 1) Imminent mean reversion; 2) Mean reversion following further overshoot, perhaps in the form of a classic Q4 rally; and 3) Durable new advance altering multi-decade behavior. 🧵 150
Mark Ungewitter @mark-ungewitter.bsky.social · 30/09/2026Bonds explained in just ten words. Kudos Jim Bianco! 062
Mark Ungewitter @mark-ungewitter.bsky.social · 30/09/2026Constructive $SOX setup into $MU post-market report. Upside resolution could spark a classic Q4 advance. 050
Reposted by Mark UngewitterMark Ungewitter @mark-ungewitter.bsky.social · 02/07/2025"I don't take the market personally and it doesn't take me the same." –Peter L. Brandt 041
Mark Ungewitter @mark-ungewitter.bsky.social · 28/09/2026Note to self. Today’s price/breadth configuration doesn’t preclude bull-market continuation, but does suggest exit planning. 080
Mark Ungewitter @mark-ungewitter.bsky.social · 26/09/2026Here’s a neat trick for those wishing to track high yield spreads on StockCharts. Because HYGH hedges HYG’s Treasury risk, plotting it inversely on a price-only basis (using -_HYGH) closely matches BofA’s high yield OAS index. 060
Mark Ungewitter @mark-ungewitter.bsky.social · 26/09/2026Human nature never changes, but are panicked humans currently fleeing stocks or bonds? 🤔 250
Mark Ungewitter @mark-ungewitter.bsky.social · 25/09/2026Signing off early. Great weekend, everyone! www.youtube.com/watch?v=HK-h...youtube.com"Walking on Broken Glass" by Annie Lennox - PigPen Cover SeriesYouTube video by PigPenTheatreCo 190
Mark Ungewitter @mark-ungewitter.bsky.social · 25/09/2026RASI alert. Great article from Tom McClellan, explaining its origins and function. www.mcoscillator.com/learning_cen...mcoscillator.comRASI Shows Depth of Correction - Free Weekly Technical Analysis Chart - McClellan Financial 040
Mark Ungewitter @mark-ungewitter.bsky.social · 24/09/20263/ Comment: While a single prior case is not a reliable indicator, there’s nothing wrong with kicking the tires. With all eyes on energy and AI, housing may well be an unheralded canary. 091
Mark Ungewitter @mark-ungewitter.bsky.social · 24/09/20262/ Is there any hope for bond investors? A breakdown in homebuilder stocks is one scenario that would favor lower yields. We’ve seen this movie before. And while not shown here, crude oil prices continued to rise sharply following peak yield, reaching $147 in July 2008. 170
Mark Ungewitter @mark-ungewitter.bsky.social · 24/09/20261/ HGX may be the most important chart that nobody is talking about. Don’t neglect the housing sector given its outsized role in the market economy. 1132