09/10/2016: Markets were down for the week, after Failing to exceed the mid August High of 2194. This was a short term Double Top, and selling came in. The S&P 500 has finally dropped down to TEST the 2130 Support of May 2015. Bonds … [Read more...]
Thursday Sep 8, 2016
09/08/2016: Markets were down slightly today, but the S&P 500 is still trying to re-test the mid August High of 2194. Failure to push thru could cause selling. Most Leading Funds are in the Red Zones. We closed out 4 … [Read more...]
Wednesday Sep 7, 2016
09/07/2016: Markets drifted today as the S&P 500 is trying to re-test the mid August High of 2194. Failure to push thru could cause selling. Most Leading Funds are in the Red Zones. We might close out more positions tomorrow ... We … [Read more...]
Tuesday Sep 6, 2016
09/06/2016: Markets continued up today as the S&P 500 is going back up to re-test the mid August High of 2194. Failure to push thru could cause selling. Big Cap darlings AMZN & FB made new Highs. GOLD and Metals rallied more as … [Read more...]
Weekly Commentary Sep 5, 2016
09/05/2016: Markets were up 1/2 % for the week after bouncing again at the Red Lines (50-day avgs). With the Markets Way Above the Green Lines, and the Volatility Index VIX very low, a pull-back will happen on some Bad News... Wait for … [Read more...]
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