Tomorrows employment numbers worry the market even though the ADP numbers were stronger than expected yesterday. On the other hand the broad decline of the oil markets this week, even though there is a little bounce going on today, provides…Continue Reading →
The S&P 500 has been above the 1370 support area since April 18th. This is leading a number of bullish traders to talk some brave talk on CNBC the last few days, talk like “the bull market is ready to…Continue Reading →
Back in mid-March the macro technicals turned on interest rates, the dollar, and gold. That top in bonds and gold and bottom in the dollar are the markers for much of what is unfolding now. I would view these as…Continue Reading →