ES Morning Update August 17th 2017

Yesterday I mentioned (in the chatroom) the pattern I noticed about Fed meeting's where they delay any big move down for a couple of...

ES Morning Update August 16th 2017

Looks like we our lower high forming now on the MACD's of this 60 minute chart, which will create our negative divergence.  All we...

ES Morning Update August 15th 2017

Looks we got a little more follow-through on the upside this morning, which didn't surprise me considering the strong move up yesterday.  Plus, while...

10 years after financial crisis..another crash is “almost inevitable”

Ten years on from the start of the global financial crisis, one of only a handful of economists to predict the crash, Professor Steve...

ES Morning Update August 14th 2017

Good Monday morning to everyone.  The bulls are back and bears in trouble, at least that's the way it's starting off this morning.  We...

ES Morning Update August 11th 2017

Well, so much for the ABC pattern up for the wave 2 as clearly that ended on Wednesdays' close.  The move down yesterday sure...

ES Morning Update August 10th 2017

Yesterday was of course a pause day as the market got short term oversold from the tricky move down on Tuesday.  Now this morning...

ES Morning Update August 9th 2017

Yesterday I suggested that the MACD's on the 60 minute chart of the SPX cash would turn back up probably on Wednesday or Thursday...

ES Morning Update August 8th 2017

The 60 minute (longer term) MACD on the SPX cash did curl back up just a hair at the close yesterday.  Now the two...

ES Morning Update August 7th 2017

Good Monday morning to everyone.  Not much to say this morning as the 60 minute charts shows no clear direction and the 6 hour...

ES Morning Update August 4th 2017

Yesterday at the close when they dropped the market I had a gut feeling that was the signal that the NFP Report (non-farm payroll,...

ES Morning Update August 3rd 2017

The market finally broke-down yesterday losing the red rising trendline of support.  Of course it rallied back hard as the bulls never seems to...

ES Morning Update August 2nd 2017

Not much more to add that hasn't already been said.  The futures still look too me like they are in a B wave up...

The American Empire and its Media

Largely unbeknownst to the general public, many media executives and top journalists of almost all major U.S. news outlets, political and business magazines, public...

ES Morning Update August 1st 2017

Yesterday into the close I posted a chart on the SPY in the chatroom that showed a smaller and larger triangle.  It rallied up...

ES Morning Update July 31st 2017

Another month is almost here as we leave July today and enter August tomorrow.  We all know that mid-to-late August is a rough time...

Goldman wins patent for its own cryptocoin technology..what could go wrong?

Goldman Sachs has clinched an important victory in its race to transition from a stodgy investment bank into a fintech powerhouse: it was awarded...

ES Morning Update July 28th 2017

Finally... we got a nice move down.  Of course it took most everyone by surprise (including me), but it was way overdue and much...

ES Morning Update July 27th 2017

Man, this market is really running on fume!  Correction... it's out of fuel and just gliding!  Various charts I look at, from the SPX...
American company microchips employees with device the size of a grain of rice

American company microchips employees with device the size of a grain...

A US company is microchipping its employees to enable them more convenient access to workplace amenities. The Wisconsin company -  Three Square Market – designs...

Red's Daily Updates

ES Morning Update August 17th 2017

Yesterday I mentioned (in the chatroom) the pattern I noticed about Fed meeting's where they delay any big move down for a couple of...

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