Building Up Momentum #SPX

July 15, 2014 10:00 am / Published in Market Update, Oil, SPX
  Cash is entering the market and we might see another push to the upside today.       It will be gradual but there is a tendency to approach again the Highs to give the bears another chance to be wrong.       Overnight high signals traders in Europe are advancing faster than

Weekend Video Jul 13, 2014

July 14, 2014 1:07 am / Published in Market Update, SPX, Video, VIX
Weekend Video  

Market Update

July 10, 2014 9:51 am / Published in Market Update, SPX, SPY, VIX
    The market rapidly discounted the News in Europe and the Fed Minutes. Banco Espiritu Santo is having accounting issues which spread to the market in Europe.   The US Markets opened with a gap down however for some reason my algorithms are reading buying pressure. Maybe are short players coverings its positions for

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

#Employment

July 2, 2014 11:37 am / Published in GLD, Market Update, Oil, SPX, SPY
The new money that comes in the beginning of the month is propelling stocks higher but it is time to be cautious , not extreme cautious.       Gold futures are at $1323, silver futures are at $20.93, and oil futures are $ 104.95.   DJIA futures are up 16  points. Â