Does the Market Wanna Be Sedated? Sunrise Santa Fe, New Mexico. As I sip my morning coffee, I imagine the power lines as lines on a chart and the airplane a vertical price pattern gaining momentum. However, as a mode …
The Market Masks Many Faces Above is a screenshot taken today of all six members of the Economic Modern Family. The dotted line represents the 50 daily moving average. The solid line the 200 day moving average. Semiconductors (SMH) sit …
Janet Yellen Presents: What Frightened You, Fed? We placed a block of ice into the sink the other night and magically, Alfred Hitchcock presented himself. The famed director began every episode of Alfred Hitchcock Presents by laying the groundwork for …
New Mexico R.I.P (Ripple in Peace) Today, news came out that New Mexico, our home state, has the highest unemployment record in the country. With a rate of 4.7% nationally, NM’s rate stands at 6.7% up from 6.5% a year …
Inside the Window of Opportunity or Risk Two out of the four market indices had inside trading days today. An inside day is when the current day’s trading range is literally inside the prior day’s trading range. Imagine inside days …
When the Moon Hits Your Eye So You Capitalize When the moon is full, the gravitational pull of the moon and sun are combined. Hence, the full moon exerts a powerful pull on the Earth. The “lunar effect” whether real …
In and Out of the Market’s Bulls-eye “You sit on the bulls-eye and I will wrap my neck around yours to keep you there,” one Brontosaurus says to another Brontosaurus. If you can imagine the Brontosaurus outside the bulls-eye as …
When Reflection Overrules Market Luster Sometimes, what catches the eye is the reflection rather than the thing itself. For quite some time, the thing itself has had enough shine to superficially attract onlookers. However, with the 5th day in a …
The Market of Dragons A huge fan of Game of Thrones, one of my favorite characters is Daenerys Targaryen, Mother of Dragons. After losing her husband and child, she helps hatch three dragons from their eggs. At times, although they …
When the Market Gives You Bear Fangs, Make Crystal Pendants Lots of folks got bit by a bear fang on Sunday. With good reasons. The Fed has yet to confirm or deny an interest rate rise. Unsettling White House tweet …