For the second time in its past three meetings, the Fed has decided to hit pause on further rate hikes this month, while signaling at the same time that it may keep interest rates at a high level for longer than previously expected. Following a two-day…
Flat is as flat does, but a big break is coming. I have added another pick to the miners’ swing trades. Non-subscribers click here for…
Today’s lesson. When you live in France, never take the evening off to go out to dinner when Odd Uncle Jerry is having one of his weird Wall Street media kiddie porn shows.
I as yet have no idea what he said that triggered this, but the pickin…
Today’s the big day. Uncle Jerry’s Circus Is Here Under the Big Top, or big bottom, not sure which yet. We won’t know until the show and the following Uncle Jerry’s Dog and Pony Show for the Assembled is finished. So stay tuned sports fans. And let the…
I narrowed the final double check to Friday only this week since Friday’s hard selloff fully negated Thursday’s gains. The buys and sells were small…
Where she stops, nobody knows.
There’s been no follow through on Friday’s selloff this morning.
Yet. A 2-3 day cycle projection of 4450 was hit. A 5 day cycle projection of 4425 is still out there. And there’s no 5 day cycle buy signals on …
The cycle picture is surprisingly sanguine in view of Friday’s selloff. It hasn’t done much damage yet. But it will if the decline continues on…
That’s the way it looks on the hourly chart of the ES, 24 hour S&P futures, at 5:20 AM ET. The key number is 4483. If cleared by an hourly close, the downtrend would be broken. Yes, in an hour or two, it might not stay broken, especially given rece…
Could we get an early 5 day cycle low here on the ES, 24 hour S&P futures. A merged 3 day and 5 day cycle expressed as a 4 day period is neither rare, nor unusual. This could be it, here at 5:30 AM ET. Or maybe not. The key would be an hourly clos…
Just when it looked like gold might be getting its act together it stalled again. It’s back in an inconclusive pattern, with xxxx now a…