Friday, June 21, 2013

Weekend thread

SP-500 Weekly Chart
(Click chart for a better view.)
Pick a support target.  It's about 80 points to the 50 period moving average or the lower Bollinger Band.  It's 300 points to 200 period moving average.  The stochastic says the ride has only just begun ...

Friday afternoon

Best correct this before the closing bell
We have seen 2.50% on the 10 Yr Note and equities don't like it.  Where is support? Can't tell yet.  I tossed a rock down the hole but I didn't hear it hit bottom.  If you know of any planned event that would influence markets higher please post it.

Friday morning


Everybody needs some puppy now and then

(and happy summer solstice)