Friday, October 2, 2015

Fed Minutes next Thursday?

Is Yellen finally going to hike rates now that everything is fine again?  There's a Bradley turn date next Friday (according to the Manfred Zimmel), if you believe in that stuff.

And where is our lower support in all this?  How much water does a waterfall fall?

SPX who knows

Monday, September 28, 2015

Markets on the edge of a cliff

... but here is a free dresser I found on the street here (8th Ave/80th St NW) in Seattle, stripped and restored for use by my daughter.

We must recognize what is real and valuable and lasting in our world and save it while we still can.

It could be an old unwanted dresser.  It could be some old analog books and the ideas they contain.

It could be your family, or your nation.

The 20th Century is coming to an end.  What will follow?  What will survive?

Thursday, September 24, 2015

How much of a bounce?

We have five waves down the /ES and SPX since the FOMC key reversal high.  The move has stayed relatively well-behaved in a tight channel.  A bounce is due, but how large of one?

SPX 09-24

Tuesday, September 22, 2015

Martin Shkreli is a Clinton campaign donor

The story on Daraprim was a ploy to get the emailgate scandal out of the headlines, so Hillary could shift the subject to health care and free stuff for everyone. is your friend.  This is so obvious, child's-play.


FEC query