The pick list is currently treading water, consistent with the market as a whole. It currently shows an average gain of 0.3% on an average…
The stock market is trying to make a stand at support this morning. The ES 24 hour S&P futures are testing trend spport lines, and so far, they are holding. The number to watch is 4737. If that’s broken, the floodgates could open. Or maybe not. The…
Bank deposits, repo borrowing, and the Fed’s RRP facility have been the fuels for the rally. There are strong correlations between them and stock prices.…
The post holiday session pre market on the ES, 24 hour S&P futures is a bit weak, but the 5 day cycle projection is only 4745, and we’re almost there. 4739-42 is a spport area. And then there’s more spport around 4730-35, and then every few points …
The stock market has apparently reached a permanently high plateau over the past 3 weeks, and it looks like it could continue resting for months…
The pattern on the ES hourly chart is as inconclusive as it gets. The pattern is still one of higher lows, but all upside projections have been met in the time frames that concern us here. So we wait for clarification of what might be next. At this poi…
The ES 24 hour S&P futures broke out at 3 AM ET, making a new rally high and implying even higher levels to come. Much higher.
But we concern ourselves only with the mundane day to day here with particular focus on the ES hou…
Gold is in a delicate spot after pulling back to trend support around xxxx. Breaking this area would put the latest 13-week cycle projection of…
Would you buy it here? 9 month cycle projection looks 46,000ish.
On the ES, 24 hour S&P futures hourly chart, the uptrend channel is fully intact with the market coming off the trendline here in the premarket around 6 AM ET. That line i…
My picks are starting off the new year on the wrong foot, but I want to give them a bit more rope before concluding that…