Red

User banner image
User avatar
  • Red

Posts

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. ...

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 Cash...

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

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

ES Morning Update July 26th 2017

Still grinding higher a little each day it seems.  Today is the FOMC day so we might see some action after the minutes but lately...

ES Morning Update July 25th 2017

Nice turn back up afterhours and premarket.  We knew it was coming from the look of the 6 hour MACD, but I kinda wasn't expecting...

ES Morning Update July 24th 2017

Good Monday morning everyone.  The 60 minute chart here of the ES Futures is looking oversold and acting like it wants to go up.  The...

ES Morning Update July 21st 2017

A whole lot of nothing yesterday, at least by the close.  There was a slight pullback in the morning but it got bought up by...

Last week the Fed raised the white flag on further rate hikes. There won’t be any for the foreseeable future.

No rate hikes are coming at the July, September or November Fed FOMC meetings. The earliest rate hike might be at the December 13, 2017...