I’ve received a lot of question on gold ($GLD) recently, hence time for an update on Gold. Remember big patterns take time to build and it takes patience to see these patterns […]
Oh look, the $VIX is getting crushed again. Given all that is going on globally one may be inclined to express surprise, but it really isn’t a surprise. See there’s this monthly […]
The $DJIA chart is telling an interesting story, technically speaking that is. Frankly not sure what the message is quite yet, but I find it fascinating hence it might be of interest […]
Before you go all “here he goes again” I’m not calling for a double top, I’m highlighting the risk that markets may have made a double top and that has implications. Let’s […]
I’ll aim to do a proper technical update this weekend, but wanted to share some thoughts on this market breakdown this week. I’ll focus on the big picture here not on the […]
$VIX is building another clean technical pattern. Recall this summer we identified a coming $VIX volatility spike informed by a pattern structure forming. Since that spike to 24/25 in August $VIX has […]
Markets keep flirting with new highs following the recent rate cuts by the ECB and the Fed and keep rallying on trade optimism in the face of disappointing global economic data. While […]
Please read this paragraph carefully: “Since last year real GDP growth has been slowing. The chair of the Federal Reserve has been signaling that, while growth is slowing, there is no recession […]
Are markets setting up for a replay of last fall or we just drifting higher on hopium and coming successful central bank intervention? I remember last September very well. All our technical […]
The tech run has been incredible over the past few years. The concentration in market cap in the $FAANG stocks in particular have been subject to much discussion and speculation. Too much […]
Having fun with the endless chop that started in early August? Markets are consolidating inside a well defined price range. 2945 on the top end and 2822 on the bottom end of […]
Continued carnage in yields with added yield curve inversions. Where does it end, how low can yields go on this run or are there signs of imminent reversal. Lots of questions to […]
