The Fracture setup is complete. You have seen the upward rebound since July 5th, we may spend a few more days messing around at current levels but more importantly the crack down is ready to commence and go through the…Continue Reading →
A Classic Technical Formation on the S&P index over the past three days, if the market closes lower today, the icing on the cake will completed. As to GDP, if I had to make a guess on third quarter GDP,…Continue Reading →
and continues to retreat. The fracture line, to repeat is based around long gold, long 30 yr bonds, short 2 year bonds, short commodities, and short the dollar. The underlying first force is the FED raising short term rates and…Continue Reading →
As the summer peaks we see the focus on peak effects of the tax cuts on earnings and front running of manufacturing by corporations prior to the tariff effects hit (note two key words, Peak and effects). The Fracture chart…Continue Reading →
A lot of complex stuff has piled into the investment mix over the past year. To date the stock market has viewed everything is good, probably because the tax cut for corporations, funded by the people, is smoothing the way….Continue Reading →
Fake News We are talking about Fake in terms of what is driving the strong US 2nd Qtr GDP numbers, it appears that a significant portion can be credited to front running by China on US purchases prior to the…Continue Reading →
Trump went completely outside the box yesterday, basically confirming that he and his buddies were a significant Brexit influence. By his buddies I would include Putin and Bannon, who are probably controlling Trump’s calls these days. So this is May’s…Continue Reading →
Last Fridays employment report seems to have energized the markets again. Even some of my trading friends who are fundamentally bearish on the stock market got long on Friday, seems that it is felt this is a slam dunk for…Continue Reading →
Subtle indicators are flashing signals that something much bigger than tariffs are evolving out of all the macho Trump talk. Also a side story is fermenting, the unravelling of Brexit, as more conformation of Russian influences in the vote. In…Continue Reading →
If you look at our Fracture chart posted yesterday, you will see in the detail it has reached an intraday peak of 0.081 both yesterday and today, approaching the first breakout level of 0.100. So this is when the defenders…Continue Reading →