Archive for February 2018

Setup Day

CPI Number Tomorrow Today is a setup day for tomorrow’s CPI number which for some reason seems to be taking on more significance than usual.  That is no doubt due to the belief by many traders, especially Hedge Funds, that…Continue Reading →

A Tentative WayPoint

It looks to me like the main point at the start of this week, is that virtually no one thinks the recent highs are a top.  That is important.  After all the fear and volatility of the last 7 trading…Continue Reading →

Watch Gold

What is the market saying now? For me, the basic headlines, that it is an interest rate based decline can be accepted.  With that said, watch the level of 2712 on the S&P, unless the market closes below that level,…Continue Reading →