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ES Morning Update October 24th 2017

We had a decent little pullback yesterday and along with the one last week we are clearly showing signs now that the bulls are tired....

Is the Fed Getting Cold Feet about the QE Unwind?

Curious things are happening on its balance sheet. The last Fed meeting ended on September 20 with a momentous announcement, confirming what had been telegraphed...

ES Morning Update October 23rd 2017

Another week has gone by and almost another month too.  Hard too believe how fast time flies.  Anyway, not much to say this Monday morning. ...

ES Morning Update October 20th 2017

Yesterday I thought we would take an ABC move down to the FP on the SPY and then back up for a new all time...

ES Morning Update October 19th 2017

Looks like the bears finally woke up as the blue rising trendline of support brokedown.  Now we need another rally into tomorrow or Monday that...

Goldman Sachs’ chief equity strategist says there is an 88% chance we’re heading into a bear market

Goldman Sachs has circulated a fascinating but scary research note to clients suggesting that the probability of stocks entering a bear market in the next...

ES Morning Update October 18th 2017

Well, the futures have decided to ride the blue rising trendline up instead of turning over the ball to the bears.  Not that this wasn't...

ES Morning Update October 17th 2017

Well gang... not much to say this morning.  Yesterday was another Ground Hog Day and today is still unknown.  You'll see now that the market...

ES Morning Update October 16th 2017

Looking at the 6 hour chart this morning its' looking bullish to me.  The MACD is about to cross back up positive after flat-lining in...

ES Morning Update October 13th 2017

The futures are up a little this morning in what looks like it "could" be the squeeze higher I've been looking for?  If we tag...