Weekend Update…

 

Trying to forecast where the market is going is sometimes like forecasting the weather.  It could rain on Monday or it could be a sunny warm day?  Clouds will be moving in, but could leave quickly.  Huh?  Yeah, that’s how I feel about Monday.

On one side… the Bear side, I see that . . . → Read More: Weekend Update…

Friday Light Volume As Usual…

Today didn’t tell me a whole lot about the market direction next week, but I’m leaning toward a down then up into Friday.  I’ll have more on the weekend post.  Until then, enjoy this video by congressman Ron Paul… who should have been president.  (In my opinion only of course)….

Red

P.S. The . . . → Read More: Friday Light Volume As Usual…

Low Volume But Selling Instead Of Buying?

Today certain was a victory for the bears, as the bull couldn’t move the market up on light volume. That’s a big change from what has been going on since about August or so. In the past 3 months the up and down days were very in sync with how much volume was traded.

. . . → Read More: Low Volume But Selling Instead Of Buying?

Mr. TopStep Can Say It Better Then Me…

I think the video below is the clue to where this market is headed. We almost hit the 1108.30 SPX mark today, falling just short of it a 1105. I expect the jobs numbers to come in better then expected tomorrow, and the market will rally one final time, hitting the 1108.30 level.

After . . . → Read More: Mr. TopStep Can Say It Better Then Me…