SPX Status
Well, SPX remains below point B, which we had noted as a key area to decide on whether or not a next shoe will drop for the market. So far,…
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February 22, 2018
Checking Some Gold Ratios (daily charts)
Gold/Stock Market shot upward with the market disturbance and has been flagging back to the top of a short-term 'W' bottom. If renewed market disturbances are in the offing, the…
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February 22, 2018
Trump, the NRA and its Reason for Being, the Gun Manufacturers
While looking through Bloomberg for financial news I was instead treated to this. Clicking the headline will yield you the article. This of course comes after Trump sat there with…
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February 22, 2018
Yesterday’s Market Uproar
Yesterday the market shit its pants because a group of eggheads ruminated about inflation and interest rates. Nothing had changed except that the market found an excuse to set loose…
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February 22, 2018
NFTRH+; an Inverted H&S (pre-breakout)
A subscriber asked me about this chart several months ago and I've kept it slightly on radar since. In the ensuing months it has gone on to form a potential…
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February 22, 2018