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We are approaching the first FOMC MTG with the new Fed Chairman. So far, whenever he has spoken to Congress, the markets sold off. The deep mini-crash in February was actually the first time that he spoke to congress. So is Mondays sharp sell off a taste of things to come? Or is this just a little shake, rattle, and roll until after the FOMC decision? Let's take a look at the action...
DJIA WEEKLY - I used this chart in the weekend report ( this weekend and a week ago), I mentioned that things were not exactly looking all bullish. I used my own indicators to show you internal weakness.
Read MoreThis opening picture describes how the General Markets shot up, especially into the end of last year. With little else than a volatility pop here and there, they just kept climbing. Well, in the weekend report, I like to take a step back and look at that Bigger Picture. At times things stand out from a distance that I may not see when I am focused on taking the ride using daily charts. Let's take a look...
Read MoreLet's discuss where we are again, and what one may need to think about going forward.
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