Markets continue to walk down the steep channel. Markets are concerned about the Federal Reserve raising short term interest rates tomorrow. Most people think bad news means Sell, but we like to Buy on bad news. While the Market may be down, there … [Read more...]

Markets were sharply lower again today as Interest Rates did not Double Top, but made new highs instead. That caused the Stock Indices to "Gap Down" on panic Selling and slip below the May lows.  The S&P 500 Index was not able to make a Higher … [Read more...]

Markets were lower today as the Indices needed to go back down and re-test the recent lows after having a nice rally up to the Red Lines (50-day avgs.) Now the S&P 500 Index needs to not make a new low this time down to be Bullish.  We're waiting … [Read more...]

Markets were lower today as the Indices slipped below the Pink Lines (10-day avgs.) for short term Sell Signals. We're waiting to see if Bonds will make a double bottom soon. Bonds are actually starting to enter a buy signal, but we should still … [Read more...]

Markets were able to bounce off the Pink Line, but so far, the bounce was weak with low volume. The low volume tells us that smart money is waiting for a better decision and not trying to trade in this thin market. Oil funds, natural gas funds, and … [Read more...]