September 9th, 2014 | Tags:

A bit of caution might be in order at this juncture…

I’m talking about the near-term timframe here

click image for full-size


It looks like a rounding top on the 60-minute chart – until it doesn’t.



Here’s the medium-term view.







September 6th, 2014 | Tags:

Some market eh?

No matter what gets thrown at it, the market just seems to shrug it off.

A wise man once said (Bob Pisani) “There’s no where else for money to go but into stocks“.

It’s slowly dawned on me that the main thing that could derail this market is the proverbial Black Swan.

Have you seen any lately?

(click image to enlarge)


I only went back a few days and then ran out of room – but you get the idea.

So many things just don’t seem to matter – until they do – but maybe they never will and we can all live happily ever after.

Lighten up already – it’s all good…