April 22 – Things Are Lining Up

The 1st round of the French Elections are being held on Sunday April 23, and  that may temporarily shake up the markets, but so far, things do seem to be lining up as expected in various sectors.  Let’s review …  . SPX – On April 19th we saw the SPX continue to be rejected at […]

Friday April 21st- STEEL SPARKS

If you were reading the ‘comments’ or the chat area yesterday,  there was a lot of talk about STEEL and the STEEL STOCKS, so Fridays report will discuss that area and some probable trade set ups in that area and other areas.   STEEL – We’ll start with STEEL itself. We have a weekly reversal […]

4-19 The Calm Before The Storm

In yesterdays report, I was complaining about the boring ‘put you to sleep’ type of sideways action in the markets lately. Apparently that was the calm before the storm, because later that day we finally saw some pretty big changes take place all in one day. Something interesting occurred in the General markets, Oil had […]