Market Notes

A subscriber asked if I was still in the SPY short or had I stopped out?  Answer:  Still on the short.  It had been noted that the stop loss would be above 208.61 (last week’s high).  SPY hit 208.76 today and I have not even thought of letting that make me cover.

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Banks & Anti-Bank

Here is the Bank index, still holding support.  While it looks like it could be making an extended top, the BKX is still above the first support level. Pigs and…

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US Dollar Updated

A simple update of USD. Daily USD has been gently ambling down from its high over 100.  94 (+/-) has been a likely target.  Uncle Buck sent a scout down…

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