Wednesday Dec 20th – What I’m Watching Today

 

DJIA - Here we see the DJIA had a down day yesterday, and that puts a swing high in place on day 22, but...

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Dec 19 – Review Time Again

Everything is still moving as expected from the weekend report, but we can review a few areas and look at a few trade ideas on this Tuesday Morning.

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December 16 – This Is GREAT Too!

The Great Wall Of China, Great Danes , and Great White Sharks, they're all considered great in their own way, but this is also Great in my opinion ...

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Friday – Let’s just Talk Bull

Today is Friday , and it is the last trading day of the week.  Armed with the last 4  rather intensive reports on Gold & The Miners, let's just talk Bull here today...

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And They’re Off!

Today we'll discuss some important developments that took place in the markets after the Fed decision yesterday...

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FOMC WEDNESDAY DEC 13th – Ready To Go?

Are you ready? I would have to say that everybody and the markets have been expecting a quarter % rate hike today, so we shouldn't really get any surprises, but let's take a look and prepare for what might be coming our way.  We had Part 1 &2 in Precious Metals, and that showed us A LOT! Now, how do we get ready for what is to come? Let's discuss this next...

 

SPX - The Markets have continued as expected, we'll see how they react to what should be an expected quarter rate hike.  There is a gap down at the 10sma, so that is an area to possibly be aware of.

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Dec 10 Weekend Report

I think that it is important for this weekend report to FOCUS on the idea of GOLD going on sale, so after a review of the Markets, I am going to have PART 1 of a GOLD SPECIAL REPORT.

 

BANKS - The banks broke out recently, as reported in  recent reports, and after a quick back test, we see the BANKS ( I mentioned JPM, BAC, RF,HBAN, MS, etc ) Moving higher. It is assumed that an interest rate hike is in the books with Wed Fed Mtg.

SPX #1 - We got our back test of the 10sma, likely a 1/2 cycle low.

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Dec 7 – Falling Into Place

 

SPX - The SPX dropped to the 10sma, and this was noted as normal action...

SPX - Thursday was Day 15 and that could be our 1/2 cycle low. This should continue higher, though a quick dip under the 10sma has happened in Sept & Oct, and that dip was harmless.

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DEC 7 – Thursdays Mixture

When I look at the various sectors of the market,  they still seem to be moving at various rates, so we have a bit of a mixed set up.  Let's take a look at this mixture...

 

SPX - Here we have the SPX acting as expected. A possible 1/2 cycle low after getting a bit ahead of the 10sma. Some have been riding this for a long time now,  with a trailing stop.   If you bought UPRO  at the DCL, you could try adding if that was your goal. You can see that the SPX does at times break the 10sma & recover, so be prepared for that possibility. See SEPT & OCT.

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