Author Archive for: Alex - Chart Freak
Entries by Alex - Chart Freak
Tuesday October 29th
It is a Fed Week and we all know the risks. The biggest risk is not expecting the unexpected. As you will see, the markets are up at or near all time highs. One might wonder, "If the markets are at all time highs and everything is so Bullish and healthy, why would we need another rate cut, since we have already seen cuts recently?" That's a good question, so would a cut be viewed as good? Maybe, Maybe not. Let's examine our markets...
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Oct 19th Weekend Report – Following Clues
This weekends report will cover the SPX, NASDAQ, OIL, XOP, USD, GOLD, SILVER, & The MINERS, but as time moves forward, the focus is going to start to lean toward the Precious Metals. We sold our leverage near the top in August and I sold my Miners in September, expecting what I anticipated as a normal and necessary correction. Now another important factor in this sell off is emerging, and that has to do with the 'time' that is passing by..
