Monthly Archives: June 2012

For those familiar with the Fibonacci parameters, we can quickly take a look at some areas this selloff could go to.  But before I do that, I want to highlight how precise the rebound was to specific Fibonacci levels; in…

S&P 1335 here we are… 10 day moving average. Unfortunately bonds and the U.S. dollar continue to have a bid underneath them…. So much for a boring day…   Disclosure Notice Any securities mentioned on this page are not held…

I don't know if this is the same strategist but within a week of the high in April Goldman said this was a "generational buying opportunity".  Then within a few days of the low near the turn of this month,…

"It's not the news, it's the reaction to the news." Once again this morning the news flow is quite bad.  China's flash PMI continues to slow.  European flash PMI's are at multi year lows.  U.S. unemployment claims are nearing 390K a…