The ES, S&P 500 24 hour futures need to clear 4500 this morning or the bears can take control. Clearing that would open the way for a move back to 4520-30, where the bull case would be tested again. On the other hand, failing to clear would open th…
There were lots of signs that the xxxxxxx cycle topped out last week, but nothing that will signal how weak the down phase will be.…
It seems like the market this week was infected with a touch of reality.
These comments are an excerpt from the Liquidity Trader Report on current US Federal withholding tax collections. They tell us that the US economy is…
Market pundits worried this week about the coming massive increase in Treasury note and bond supply. There’s just one problem. It’s not true. The issuance…
The market put in a 5 day cycle low yesterday. The ES, 24 hour S&P futures now face resistance at 4525. If they clear it, then yes, Virginia, BTFD lives.
On the other hand, there’s a spport line convergence at 4514. If broken, the market could…
When I heard it through the grapevine that the market had given a big sign.
That’s right. The market made a top and broke down without so much as the by-your-leave, obligatory bounce from spport that I was looking for. So much for that. The break…
There’s just empty air until about $220.
The 13-17 week cycle is topping out as the 9-12 month cycle should be bottoming. That suggests… Non-subscribers click here for access. Subscribers, click here to…
Good morning. I made it to the Alsace Lorraine yesterday after a brief stopover in Basel Switzerland to see and pay homage to the Basel III Accords. It was a moving experience even though I was unable to find the exhibit. I went to the Basel Rathaus (p…