#SPY looking to a direction

July 17, 2014 9:42 am / Published in GOLD, Market Update, SPX
My algos are detecting buying pressure at the open.   Yesterday President Obama announced new sanctions against Russian interests. European stocks are lower on the news. In pre market in the U.S., stocks are slumping  and oil is jumping. Gold is attempting a rally from oversold condition.    

The market is taking some rest

July 9, 2014 11:01 am / Published in GOLD, Market Update, SPX, SPY
  Alcoa News yesterday is helping Consumer Discretionary to be up today.   #SPX is trading within yesterday range   GOLD little change   GLOBAL MARKETS-MARKETS LITTLE CHANGED AHEAD OF DRAGHI, FED MINUTES – RTRS   Data from EIKON    

MOMO CROWD BUYING AGGRESSIVELY ON INDIA SPECULATION #SPX #GOLD

July 8, 2014 9:52 am / Published in GOLD, INDIA, Market Update, SPX
SP Futures Chart     MORNING CAPSULE: SHADES OF 2011-12 IN GOLD, MOMO CROWD BUYING AGGRESSIVELY ON INDIA SPECULATION   July 8, 2014   Our algorithms have been detecting aggressive buying  of gold by the momo crowd  in a pattern that is similar to  the last quarter of 20011 to first half of 2012.  Interestingly

Market Intelligence #VXX and #SPY

July 2, 2014 12:07 am / Published in GLD, GOLD, Market Update, SPY, VIX, VXX
  The market is running higher hour after hour with little retracements. The last two days it was hard to buy small caps because the keeps printing larger prices. I can’t get them to V-WAP on the close. There are much more aggressive players accumulating and paying more than what my models consider fair.  There

#QQQ stronger than #SPY

June 30, 2014 8:58 am / Published in GOLD, Market Update, QQQ, RUT, SPY
      Last trading day of June, and the opening print will be at Fridays closed. The trend during the last months where the SPY was stronger than the QQQ has reversed. Now the Nasdaq is at all its highs. The RUT still lagging but with a quick pop could reach new highs again.

Short trade on GOLD

May 27, 2014 11:37 am / Published in * Trade Alert, GLD, GOLD, Market Update, Trading Lessons
Short trade in gold.  Planning to add more if we trade 125 and 126