Fed Wednesday-

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What Can I Say, that hasn't already been said?  I was thinking about this FOMC WEDNESDAY Report, and   basically we have covered it all, so What Else Can I Say? We have been through this FED DAY CHOPPINESS many times too, and so I got to thinking,  "The weekend report was written with this FOMC Mtg in mind".  That's when I decided to take the charts from the weekend report and add them here as a review, along with some newer updated charts. That way we can see what we expected then, and where we are now.

Honestly -  expectations remain the same. Let's take a look...

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June 12th Stock Picks

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The weekend report covered the big picture for the various Market Sectors. Mondays trading did not change that outlook, so todays report will just cover GOLD, MINERS, and several stock picks...

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June 9th Weekend Report

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This weekend report will show that we did not see a lot of change from the expectations of last weekends Big Picture Report. We will discuss Gold a lot  more than the other sectors though, since it is boring us to death at a very important time period.  Our Theme Picture could be entitled, "Wake me when Time's Up!"

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SPX - So far the break out, back test, and follow through higher is playing out. We really want to see 2801.90 taken out to prevent a L.T. Intermediate Cycle. That is only 22.87 higher from Fridays close.

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