Crude oil is more over sold by monthly RSI than it was in either 2008 or 2001. Amazing. Now if only my oil man will get the memo. My suspicion…
Risk goes flying to 'OFF' as the consumer is happy, small business optimism is the highest its been in 7 years and it all good! Really, 'as good as it…
Here are the Gold-Silver ratio and Uncle Buck, riding somewhat disjointedly together. Assuming they will continue to ride together in the near term, which one is going to down correct…
Per the regular update this morning, the EMA 10 (2056) was noted as key resistance on the S&P 500. Translating that to a bear trade on the SPY, we find…
US Stock Market
After a whipsaw on Tuesday the market made a hard move down yesterday. Amid degrading indicators like bond spreads and sentiment, the Dow and S&P 500 declined over the last 3 days from all time highs.
Our parameters between normal and abnormal are very tight. Let’s check up on them.