All signs point to gold entering a consolidation phase that could last xxxxxxxxx. The 13-17 week cycle projection has dropped to xxxxxx which xxxxx xxxx…
Ever since the weekend massacre that resulted in the shutdown of two big banks and bailout of those depositors, stocks have been in a relentless uptrend. On the ES, 24 hour S&P futures charts, that uptrend now has 2-3 day and 5 day cycle projection…
For the week ended March 28, there were 30 charts with multiple buy signals as of the last two trading days. There were 5 multiple…
I used to rail about this constantly but I’ve let it go in recent years. Nobody cares that the most widely followed measure of US house prices uses horseshit methodology that renders it a useless indicator of current conditions. Had you been following …
Last week I wrote that the Fed is playing a new game and nobody knew the rules. I felt like I needed a week to…
That’s what the market is telling us this morning. Honestly, I don’t see a path out of this morass. Which probably means that we will have either rocket launch or a thunderous collapse today.
Other than that, today’s sport level to watch is the 3…
The S&P 500 closed Friday at 3971. It first traded at this level on May 10 of last year. Since then the index has never…
Oop, there it is.
This uptrend is now extremely well established as it enters its 11th day from the low. The higher highs and higher lows have been persistent. The base breakout was tested and held. Its conventional measured move target is 4035. …
Every day at the stroke of noon here in Nice, there’s a cannon blast. This has been going on for 160 years. It’s to remind the mayor that it’s time to go home from his morning dalliance, lest his wife catch him.
For the longest time, every day wh…
Three two three two three. Has a nice ring.
But is it enough to take away the sting,
Of yesterday’s late selloff?
As we watch this morning’s round mound of rebound.
Where is Sir Charles now?
If they can keep a lid on it here,…
