Everything centers around Wednesday

(3/14) Everything centers around Wednesday with the Dutch election, the FOMC rate hike (no biggie), the debt ceiling expiration and five other reports. Should be interesting. For now we can get positioned in the direction we expect things to go but these markets are always full of surprises. Keeps life interesting.


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Cycles turn intense into Tuesday

(3/13) Not sure the FOMC meeting matters given a 100% chance for rate hike now and 50% even for June. The big elephant in the room remains the Debt Ceiling and I have not seen any rhetoric out of the White House to address it. Cycles turn intense into Tuesday and a number of markets…


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March 15 borrowing ceiling limit may spook the markets

FOR FRIDAY: (3/10) Another employment report day but somehow this one seems really important even with over a 94% of a March rate hike. If we get a weak number, the trade and expectations building all week will unravel all over the place. We don’t want to be too heavily positioned. The big Elephant in…


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Cycles suggest gold will hold and recover into Monday

FOR THURSDAY: (3/9) We have rollover to June S & P starting and the trade continues to wait for employment numbers. Our cycle work suggests gold will hold and recover into Monday and that the dollar will come off but will it survive computer ALGO jerky action first?


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Top in stocks confirmed

FOR WEDNESDAY: (3/8) Confirmation of a top in stocks may finally have people heading for the exit after huge profits but we don’t see a major spill. Weird Wally Wednesday for stocks will have more longs exiting and rolling to June by late Thursday. Given a congestive week, we could see all the markets reverse…


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Congestion before employment report

FOR TUESDAY: (3/7) S & P cash confirmed a top for now but we didn’t get a close below 2370 although it should come. So used to choppy congestive action before employment report that the chance of a sustained meltdown on the S & P is likely and at best 2350 could happen. Most interesting…


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Sell signal for stocks, dollar, Notes

FOR MONDAY: (3/6) The Monday before employment report often is a very volatile big-range day and then we see consolidation until the report comes out. We seemed to get sell signals for the dollar and we can clearly sell rallies in T-notes and sell stocks Sunday but usually by late Monday we have to deal…


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Record highs and patterns still don’t look complete

FOR THURSDAY: (3/2) Unemployment report is not until March 10 so Friday isn’t that special this week. Record highs and patterns still don’t look complete and we won’t top-pick stocks or the dollar. Crude looks higher into Friday and metals do also and still more room for lower euros and pounds.


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Ok being long stocks, dollars

FOR WEDNESDAY: (3/1) We’ve been tempted to publish our report after Trump’s speech but there will be the reaction and counter-reaction and the head-fake and the high-frequency trading and in the end we have to go with price and pattern and cycles and try to ignore the news. We got out of the way by…


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