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The release of the FOMC Minutes from the last Fed Meeting is scheduled to be released today. At times, this can cause a reaction in the markets, if the verbiage or language that was used seems more Hawkish or Dovish than originally interpreted. For example, if they were to mention a concern pertaining to inflation rising faster than expected, that could affect certain sectors, so we just want to be mindful that the markets could move unexpectedly around 2 P.M. Eastern.
SPX #1 - Right where the SPX was about to break to new highs, it sold off a bit.
Read MoreSometimes what seems to be impossible actually becomes possible, but a man rides in to town on Tuesday and leaves 2 days later on Tuesday? If that is possible, then I guess it is possible that Gold may have bottomed too. Oh, and by the way, his horse was named Tuesday. Let's review our markets...
Read MoreI hope that everyone can just enjoy some rest and relation this week, after last weeks market action. We also may want to rest up, because next week looks to be setting up to be interesting at this point...
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General Markets were a bit Mixed, and remain that way
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SPX - I've been expecting a drop into a dcl. The DJIA and NASDAQ looked to be dropping, and so did the SPX, but with a Wednesday reversal, it has moved higher. AT THIS POINT, I don't think that this is enough to be a dcl, but I shouldn't rule it out completely. Lets look at ...
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