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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 lines...

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 chart...

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, now...

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 give...

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 from...

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 broadcasters...

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 to...

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 for...

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 a...

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 needed. ...