07/07/2016 Daily Commentary: Markets went up to Resistance of 2111 today on the S&P, and then pulled back on low Volume. A larger pull-back could happen soon if the S&P FAILS tomorrow around 2111. Crude Oil dropped 5% today. Caution! Most of … [Read more...]
Wednesday July 6, 2016
07/06/2016 Daily Commentary: Markets went down this morning, and bounced at the Pink Lines (10-day avgs.) The S&P should re-test recent highs of 2111 soon. A larger pull-back could happen soon if the S&P FAILS around 2111. Interest Rates … [Read more...]
Tuesday Jul 5, 2016 Market rally paused from falling Oil Prices
07/05/2016 Daily Commentary: Markets dropped slightly today, as most of the Leaders are back up in the Red Zones. S&P should re-test recent highs soon. Oil prices dropped 5% today, and Interest Rates plunged to new lows. Bonds blew up to new … [Read more...]
7/2/2016 Weekly Commentary
07/02/2016 Weekly Commentary: Markets popped up 3% for the week, after banging on the Green Line on the Monday sell-off. Interest Rates have collapsed. Bonds blew up to new highs, and Gold made new Highs. HUH? Somebody will be wrong. Be careful in … [Read more...]
Thursday Jun 30, 2016
06/30/2016 Daily Commentary: Markets continued up more today, as the 2nd Quarter ended, and the Funds like to get bonuses. Volume was lower, and the Markets are quickly becoming over-bought, with pajama boys buying before the Holiday on Monday. … [Read more...]
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