When the Ice begins to get too thin to support you, you would proceed with caution and maybe even take the safer route. When the markets experience a serious 2 day slam down, it isn’t always the best time to just jump ‘ all in’ with leverage. That is a trade that may or may […]
The recent flush down of the markets is viewed by some as alarming and even terrifying, but in a bull market, it’s often just a necessary flush of excess bullishness and a re-set to a fresh start. It takes time to see exactly how this will play out, but let’s take a look at the […]
The markets have spoken. They have been ripping higher for weeks and they said, “I need a rest!”, and so we had another scalding drop in the markets on Monday. We were expecting a drop into a dcl, but it looks more like a drop into an ICL, since we are overdue for a good […]
Friday gave us what looked like a Melt Down across the board. Like the Theme picture, melting does not necessarily mean that it is time to throw it away. We may find some good buying opportunities when the selling dries up. Let’s take a look at the Markets… DOW JONES #1 – WEEKLY – […]
After a quick market review, I was to discuss a bit further the risk reward in front of us in the Precious Metals Sector.
SPX – We are actually pretty late in the timing for a dcl, so even though this drop can meander like the one in November did, it may just be a brief dip.
Welcome to another Fed Wednesday. Let’s review what took place on Tuesday, and then discuss what may take place after the Fed Decision (which is pretty much already baked in). DJIA – Finally, 2 down days in a row and a close under the 10sma. The DOW has started a drop into a daily […]
DJIA – Monday was a down day. let’s see if we can get 2 days down in a row, since we haven’t seen that for weeks. 🙂
We rode out some choppiness this week, so the weekend report can act as that ‘beacon in the storm’ that guides us along. Let’s review our Markets… . SPX WEEKLY #1 – As expected, the General Markets are accelerating and this weekly chart shows the last 4 weeks as strong green weeks. A trailing […]
