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 →
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 →
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 →
That is what a quick glance at our F2 Fracture Chart and also listening to commentators would seem to say. Sure trade is in turmoil and Trump is getting even crazier, but the markets are not fazed. The players are…Continue Reading →
Someone crazier than him. We expect the unexpected. This week will be a great staging period. Hold on to your seat. In the meantime, we will be getting out of long dollar positions this week, not waiting for the 97.00…Continue Reading →