Using SPY for the US market and EEM for general Emerging Markets, I’d like to illustrate what I think may be in play on the
Month: August 2015
US Dollar Updated
Just another US dollar update for anyone interested. The daily support zone around 93 was also the top end of long-term support as noted in
NFTRH 358 Out Now
US stock markets need to finish the bounce (per SPX and VIX targets) to activate part 2 of the plan. Then, out beyond these short-term
Gold Ratios Consolidate, SGR = Bad Chicken
A snapshot of gold’s ratios to other things. When last we looked these were hockey sticks. Now, they are broken hockey sticks (though not broken
Brief Market Update
From the last detailed market update…
SPX @ Target #1
The bounce has made it to target #1. Higher potential remains at 2050, but this is a valid bounce target as well. If SPX is
Reviewing VIX Target as Noted in NFTRH 357
VIX is approaching the target of 22 per NFTRH 357. As noted in that report I have been chomping at the bit to show you
Market Update
What a week; and I am not talking just about the markets! I spent all day on jury duty yesterday and by the time they
US Dollar Updated
The US dollar has bounced back to a resistance area. There is more resistance up above from 96 to the 50 day moving average. For
Market Status
A quick roundup as one of the commitments I have this week is to go to court this morning and sit in a pool of
YTD: Even Steven
YTD most markets are down. I am even. Okay, who cares? Being a cranky risk manager, I’ve underwhelmed for a long while now. But it
Gold Ratios, Day 2
Friday we did them over at Biiwii and today we’ll catch up with gold’s ratios to other items here (where charty type posts are the
USD Along for the Ride
Unlike 2008’s hysteria, the US dollar is part of the downside, not the obvious liquidity destination (at least as implied by its price action). That
Road Map Intact, Time Frame Contracts, Thoughts on Margin Monday
The plan as best my logical mind could foresee it was for a potential Monday (Margin Monday?) swoosh down with a bounce toward broken support