Love the Reddit beer dog!
Ever wonder what Morgan Freeman sounded like after inhaling helium…here you go.
Here are three simple observations about technology from the author of “The Hitchhiker’s Guide to the Galaxy,” from www.Farnamstreetblog.com.
The chart of the SPDR Gold Trust Shares (GLD) shows price compressing in a narrowing triangular range over the last two months. The Bollinger bandwidth indicator at the bottom of the chart, which measures contraction and expansion in the band range, is overlaid with a 14 period average true range. They are both at extremely… Read More »
The charts of the weekly indices are key to interpreting the intermediate term trend of the market. As readers know, I have been focusing on them and the tentative signal they have been sending this year after the formation of a series of high wick candles. Resistance is being tested once again and, at this… Read More »
Rick Santelli on CNBC earlier looking at the same thing that I have been highlighting for several weeks now, the potential Fibonacci retracement levels on the 10 year treasury yield chart. He retraces from a base of 1.63 and I use the 1.43 level, the latter being the 2012 low, but together a target zone… Read More »
I played in the Inaugural Bandon Dunes Golf Tournament this week, a magnificent links golfing experience on the Oregon coast. There will be much more about that over the weekend, but now its time to get back up to speed with the market. The DOW is up fractionally from where it was when I left,… Read More »