Favor lower dollars, higher gold and stocks Friday

FOR FRIDAY: (8/25) Jackson Hole doesn’t begin until tonight and Drahgi and Yellen aren’t speaking until Friday so the market is still on hold unless they are positioning big before those speeches. Not sure how big a deal Hurricane Harvey is but crude was not worried on Thursday. We have a bias toward lower dollars…


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Can’t be over-positioned in thin conditions

FOR THURSDAY: (8/24) Trade waiting on Jackson Hole on Thursday and it’s still the dog days of summer. We have a sense that there will be enough surprises that we can’t be over-positioned in thin conditions.


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Are cycles inverting with higher stocks?

FOR WEDNESDAY: (8/23) Trade waiting on Jackson Hole on Thursday and it’s still the dog days of summer. Are cycles inverting with stocks higher and that will pull the dollar up and push T-notes and gold lower? Not enough information today to confirm that but logic is suggesting as much. SEPT. E-MINI S & P…


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Trade waiting on Jackson Hole on Thursday

FOR TUESDAY: (8/22) Trade waiting on Jackson Hole on Thursday and it’s still the dog days of summer. We don’t like cycles on Tuesday and if the stock market doesn’t gallop on Monday night, it may still be a sale. We have a bias toward buying gold on dips and selling dollar rallies the next…


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Expect high volatility next week

FOR MONDAY: (8/21) The total Solar eclipse is on Monday. They are dangerous to watch even with protective glasses so be safe. They can create eerie feelings so markets could be particularly wild if any wild news hits. We can only go with patterns analysis and watch key breakdown figures. Many world events will be…


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Cycles very whippy the next 2-3 days

FOR FRIDAY: (8/18) We knew to sell on Thursday but the market didn’t quite get as high as we would have liked and we missed it and had not thought it would break so hard. Cycles are very whippy the next 2-3 days. Violence and terrorism cycles are strong into late August and so while…


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Stock market tiring

FOR THURSDAY: (8/17) Stock market tiring and not getting good news with the dissolution of the Business Council. Still, cycles will turn better in the morning if the market doesn’t fold overnight. Gold cycles are stronger into next week so thinking we missed the buy and will get in. That would mean the dollar won’t…


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Best chance for a S&P pullback is Thursday

FOR WEDNESDAY: (8/16) Waiting on FOMC for Wednesday but cycles seem the weakest if politicians get into any major fighting. S&P has the best chance for a pullback on Thursday but it may not be that big. Last day down for metals so let’s hope they don’t fall too much.


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Another volatile week ahead

FOR TUESDAY: (8/15) (8/14) Some saber-rattling already overnight. Will it reignite fears quickly? Thinking a volatile week but these sucker punch weeks often end higher and option expiration is higher and the market often goes up for them. Hard to hold and trade overnight but we’ll look for key patterns to keep us in tune.


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Patterns suggest another high on gold

FOR MONDAY: (8/14) Markets remained bid in the direction of the crisis but were hoping that diplomatic solutions would develop over the weekend. If they do then most of our positions are in jeopardy. Patterns suggest another high on gold to 1306 and another low on S & P to 2417 or 2410 and another…


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