On Tuesday, the markets continued to take some baby steps. Not only did we see The DJIA take more baby steps toward Dow 20,000, but the VIX took baby steps toward the lows of the year. Add to that Oil, Gold, and the Miners taking baby steps of their own. Lets take a look and […]
Nothing has really changed since the long weekend report, so lets just review what has happened on Monday. . SPX – We are due for a pullback into a dcl soon, but this looks like a bull flag forming, so one more pop higher could be in order first. A pop now could help the […]
I wanted to share a couple of trade ideas that would be considered low risk , since a stop can be placed just below the purchase price.
We have seen some unusually deep selling in the precious metals sector, so I do want to discuss whether or not there is any past ‘precedence’ in this area later in the report. First let’s discuss what has happened in just the past week. To the charts… . SPX – Dec 12th, I was looking […]
Friday review:
Many sectors began to sell off with the interest rate hike Wednesday. Some were sectors we expected to sell off, others were expected to snap back. Will we get the snap back on Thursday and Friday? Let’s discuss what we should be looking for. SPX – From Monday, the markets were outside the B.B. […]
I’ve been wanting to answer a frequently asked question and that question is, ” What will happen when the Fed raises interest rates?” Let’s take a look at what has happened in the past, and then maybe we have some historical precedence to go by.
We are one day away from the FOMC meeting that is expected to result in the first rate hike of 2016. After a quick review of the markets, we’ll discuss some action in the markets Monday that may be of interest to many of us.
The general markets are flying high, but the Precious Metals are still flying low. Let’s take a look at last weeks market action. . SPX – Please read the chart
My weekend report covers Monday and I usually post full reports for Tuesday, Wednesday, and Thursday morning. Most of the readers at Chartfreak know that when I started this service, I thought that whatever I wrote in Thursdays report would also be able to cover Friday, the final day of the trading week. The readers […]
