Consumer Weakness
Below are the 10 ten holdings of XLP. Weakness begets weakness and if this chart is signalling what’s to come, the consumer looks like it’s ready for the next leg down. clipped from www.spdrs.com Fund Top Holdings As...
Read MoreAuthor: Jeff Pierce
Fibonacci Levels
I’ve very recently been playing with the idea of learning how to use the Fibonacci retracement levels and integrate them into my trading system. They seem pretty basic but for some reason my use of them have been at a very...
Read MoreLong Term Value of USD
You sure can’t buy what you used to with a buck. clipped from www.financialsense.com
Read MoreJoaquin Phoenix
I laughed so hard while watching this and I’m not sure what to make of it as it barely resembled him at all. Joaquin Phoenix is an amazing actor and I enjoyed just about everything he does (especially...
Read MoreDow Fibonacci Levels
Today’s late day melt up doesn’t really change anything in the big picture. The market was due to bounce technically when you look at the fibonacci retracement levels as we haven’t had much of a bounce at all...
Read MoreFunny Money
I’m gonna toss this out there as something that I would never have seen coming. The US dollar looks to be forming a reverse head/shoulder pattern with bullish implications measuring 9 points. I know it makes absolutely no...
Read MoreIt’s Difficult to be Bullish…
..when there’s so many reasons to be a bear. With that being said, maybe that’s the biggest reason to be bullish? All of the major sectors that drive the economy look like they’re about to roll over and die. I...
Read MoreTweetdeck 101
Hands down the best twitter ap… clipped from www.yourbloghelper.com TweetDeck is the most useful application for managing Twitter that I’ve found. While many call it “intuitive,” some of my clients are...
Read MoreBond Revival
Will everybody selling stocks today there were a lot of investors stocking up on bonds as seen here in TLT. It looked like this issue was making a B-line for it’s 200 moving average, but only got as far as long term...
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