Open to a break in stocks on Wednesday

FOR WEDNESDAY: (6/27) We’re concerned that the markets will turn into a ghost town the week of July 2-6 with the 4th falling on a Wednesday. May seem a lot like the week of Christmas with everyone traveling. That often leaves us with congestive patterns and no clues. Still enough volume for a few days…


Read More

Should still be able to safely sell stocks on Tuesday

FOR TUESDAY: (6/25) Cycle lows for stocks dominate into at least Wednesday, and end-of- the-month unraveling may not help into the end of the week if anyone is left before a 1-week 4th of July holiday. We should still be able to safely sell stocks on Tuesday and Wednesday, and the verdict is out on…


Read More

Dollar looks lower into Sunday

FOR MONDAY: (6/25) Trade is processing the aftermath of Friday’s OPEC meeting so may have wild action on Sunday. Stocks getting more serious about shorts and metals running out of time for new lows by Sunday night or early Monday. Dollar looks lower into Sunday.


Read More

Metals running out of time for new lows

FOR FRIDAY: (6/22) Trade waiting on Friday OPEC meeting but it bleeds into Saturday so may have wild action on Sunday. Stocks getting more serious about shorts and metals running out of time for new lows by Sunday night or early Monday. Dollar looks lower into Sunday.


Read More

Gold, silver look lower on Thursday

FOR THURSDAY: (6/21) Trade waiting on Friday OPEC meeting, and new highs on NQ cash mean that they will buy Amazon when everything else is starting to be in trouble. We’ll wait for the morning but the rule is not to sell after a sucker punch and new highs in a market, and NQ may…


Read More

Favoring lower stocks prices into Monday

FOR WEDNESDAY: (6/20) We have the sense of the other shoe dropping and concerns about wild things happening and find it hard to put on positions overnight now. Will see what develops in the morning and take more stances here. Tuesday was a bit of a surprise day and still shaking off the dust.


Read More

Stocks should be lower all week

FOR TUESDAY: (6/19) Dollar starting to look lower into Sunday with 1-day to rally this week on Wednesday. Stocks should be lower all week. Oil still has a few days before we can sell again. There’s a volatile cycle on Tuesday/Wednesday so watch for whippy action. SEPT. E-MINI S & P 500 S & P…


Read More

Crude not done until 6087

FOR MONDAY: (6/18) Stocks cycles look lower next week; gold looks like it could have a 2-3-day bounce from lower levels and the dollar and euro need to retrace those huge moves from Thursday for a few days. Crude not done until 6087 but short-covering likely to start soon before contract expiration.


Read More

New highs on NQ suggest no deeper break

FOR FRIDAY: (6/15) We didn’t get dramatic reversals like we had expected except for the dollar and the euro, and new highs on NQ don’t bode well for this market. If China tariffs aren’t as bad as expected, the market could celebrate and do what it does best and buy Netflix and Amazon.


Read More

Cycles turn more volatile Thursday afternoon

FOR THURSDAY: (6/14) Cycles turn more volatile on Thursday afternoon and thinking a cycle low into Monday for stocks. ECB craziness is often worse than FOMC craziness so we’re a bit gun shy and have to focus on key patterns and numbers and cycles. We have gold lower for a few days, which means that…


Read More