Month: May 2023

May did not end well. Here are the closing numbers for May.

A really ugly day on the markets and only the brave make a move here unless it is for the exit. So as posted last night, here is my move going into June 2023.

5 months have already gone by for 2023 and tonight we discuss our moves going into June. Tomorrow unless one of our indexes recovers, we will have to exit. That did not get discussed over the weekend and it is a bit shocking. So, let’s look at our charts.

It appears that the government will still have money to spend to pay bills. I never had any doubt that they would come to some conclusion but now the question is how will the markets react. You would expect at least the opening day would see at least a 1% gain, but if the futures…

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We only have to talk and 2 indexes and one Vix. It is not good, so let me just jump straight into it.

Just over a week to go before our government increases the debt ceiling or stops paying its bills. The indexes are starting to make moves like someone has an inside secret. We still have 4 indexes and they are all doing different things at the same time in space. What does it all mean?

Looking for a breakout and we got it. Now, will it stick?

The markets might actually be ready to make a move. Do the big players know something we little players do not? Is this just a tech rally? Home Depot news dragged the markets down yesterday for a while but by the end of the day, we saw a nice gain. Check out my mini-S&P 500…

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Another week in the books and nothing happen all week. Yes most indexes floated slightly down, but for the most part nothing happened. These type of markets are annoying but I can guarantee that something is going to bust lose sooner or later. The consolidation patterns are getting very long.

The balance beam is where we are sitting today and it appears we are just waiting to see what side of the balance beam we fall. Will it be on the side of sellers or buyers? Last week had a moment of drama and I actually thought we were getting ready to see another rollover,…

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