JACKSON HOLE

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Welcome to Jackson Hole Friday, please make yourself comfortable, we may experience some volatility.  🙂

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DJIA - I still think that we should get some downside, as we are expecting a dcl.

DJIA 8-25 Read More

Wash Day

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The Bullish love for Miners over the past few months took a bit of a drubbing Wednesday.  We didn't see the sellers using the gentle cycle to try to wash away the sentiment, it seems that they may have pulled out that wash board and vigorously scrubbed away at it. Many seemed to be heading for the exits.  We'll discuss this further, but first...

The General markets sold down a bit, but we are still within the same consolidation that I've been pointing to for weeks. Any further selling should seek out the dcl that we have been expecting now.

SPX -

SPX 8-24 . Read More

Have You Been Shopping?

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Tuesdays markets sparked my interest in a few ways. Let's get to the charts...

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SPX - We've certainly seen this before. Frustrating the longs and the shorts, the sideways move continues.

SPX 8-23 Read More