POST FED THURSDAY – SO FAR SO GOOD

We did see a Bullish reaction in Gold immediately following the Fed decision, so let's take a look at a few charts...

  Read More

FED WEDNESDAY JULY 26- Don’t Count Your…

Well, it doesn't hurt to look for clues and be prepared, right?  We will do that today...

  Read More

What’s New? July 25th

We have an FOMC Meeting this Wednesday, and the weekend report covered a lot of the general markets and various sectors expectations.  With that in mind, we will review a few of the things that took place on Monday, and then I will point out a few more stock picks...

 

WTIC JULY 21 - From the weekend report I pointed out that Wednesday with the inventory report, Oil broke over the 50sma.  This was bullish, an then it plunged 2 days later back below the 50sma.  I said that  I will be watching for this trend line to support the drop, for it to remain bullish.

 

WTIC JULY 24 - Well how about that! Let's see if Oil can get back over that 50sma.

Read More