Weekly Commentary Jul 30, 2016
07/30/2016 Weekly Commentary: Markets were mixed for the week, but the S&P 500 is trying to hold above the Pink Line (10-day avg.). The Volatility Index is Below $13, which is NOT a good time to expect a Market rally. The S&P 500 should drop down soon to test Support around 2130. Then it should have another bounce back up […]
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Related Post – VIX
Thursday Jul 28, 2016
07/28/2016 Daily Commentary: Markets were mixed again today, as the S&P 500 is trying to hold above the Pink Line (10-day avg.). Maybe it needs to burp up once more… The S&P 500 should drop down soon to test Support around 2130. Then it should have another bounce back up to re-test the current Highs. Bonds must make Higher Highs […]
Alert! We have Tightened Sell Stop Losses
Jul 28, 2016 We have TIGHT Stops on SLV NGD & YNDX, will EXIT if these Close Below the Sell Stop Values. Open Positions Related Post – Wednesday Jul 27, 2016
Wednesday Jul 27, 2016
07/27/2016 Daily Commentary: Markets were mixed today, even with the FED leaving Interest Rates unchanged. The S&P 500 is trying to hold above the Pink Line (10-day avg.). The S&P 500 should drop down soon to test Support around 2130. Then it should have another bounce back up to re-test the current Highs. Bonds must maker Higher Highs soon, […]
Tuesday July 26, 2016
07/26/2016 Daily Commentary: Markets dropped slightly again today. The S&P 500 is trying to hold above the Pink Line (10-day avg.). Maybe hawkish Fed talk tomorrow will cause selling. The S&P 500 should drop down soon to test Support around 2130. Then it should have another bounce back up to re-test the current Highs Current Open Positions We […]
Monday Jul 25, 2016
07/25/2016 Daily Commentary: Markets dropped slightly today s Crude Oil fell further. The 3 week rally off the Green Line is getting tired… Maybe another try of the Highs again tomorrow. Markets should drop down soon to test Support around 2130. The S&P 500 broke out around 2130, which should be current Support. Then probably another bounce […]
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Related Post – Weekly Jul 22, 2016
Weekly Jul 22, 2016
07/22/2016 Weekly Commentary: Markets are going up, because Bonds have gone PARABOLIC, and Interest Rates have collapsed. A “Parabolic Curve” like Bonds are in, DOES NOT END WELL (see attached Bond Chart). When Commodity prices bottom after making 13 year Lows, Bonds should peak. Markets should drop down soon to test Support around 2130. The S&P 500 […]
Thursday Jul 21, 2016
07/21/2016 Daily Commentary: Markets finally pulled back down to the Pink Lines (10-day avgs.) Markets should bounce here and go back up to test the recent highs. Failing to make Higher Highs should cause selling. Then the Markets should drop down to test Support around 2130. The S&P 500 broke out around 2130, which should be current Support. Current Open […]