Market Forecast

Is there really a Santa Clause? Watching $ES_f 1200 today

November 28, 2011
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Is there really a Santa Clause?  Watching $ES_f 1200 today

Around the Globe Asia  Trifecta Shanghai (China) +0.12% Hang Seng (Hong Kong) +1.97% Nikkei (Japan)+1.56% Europe as of 7:13am EDT DAX (Germany) +3.21% FTSE (UK) +2.12% When was the last time we saw green around the world?  Nice bounce overnight. Still lending in Europe, the Italians businessmen are confident and the German consumers are...
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Pre Turkey Day today and we have no idea what will happen. A grab bag surprise. This bird is ready to be stuffed. $Study

November 23, 2011
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Pre Turkey Day today and we have no idea what will happen.  A grab bag surprise.  This bird is ready to be stuffed. $Study

TTTBuy Signal in Effect   *** Program Note.. There will be no Options Alert or Daily Digest  for Friday’s markets.  Our trading room will be open for trading and may or may not be hosted.  Everyone have a happy Thanksgiving, enjoy Family and Friends, time with them is the most precious of commodities. –...
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Looking for a 1206 $ES_F print today $study

November 22, 2011
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Looking for a 1206 $ES_F print today $study

TTTBuy Signal in Effect   Around the Globe Asia – CLOSED Shanghai (China) -0.10% Hang Seng (Hong Kong) +0.14% Nikkei (Japan)-0.40% Europe as of 7:12am EDT DAX (Germany) +0.87% FTSE (UK) +0.82% Preliminary GDP data out at 8:30am EST.  At 10:00am an important Richmond number will be out.  The bulls are looking to flesh...
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Time for the bulls to harness up to the sleigh, looking for $ES_F 1186 area to get long $Study

November 21, 2011
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Time for the bulls to harness up to the sleigh, looking for $ES_F 1186 area to get long $Study

TTTBuy Signal In effect until Friday.   Around the Globe Asia -Trifecta Shanghai (China) -0.06% Hang Seng (Hong Kong) -1.44% Nikkei (Japan)-0.32% Europe as of 7:07am EDT DAX (Germany) -2.64% FTSE (UK) -2.13%   Not a ton of news to start Monday off with.  A decent current account for Europe should growth return we...
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Day one TTTBuy Signal and now Short Hunting $Study

November 18, 2011
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Day one TTTBuy Signal and now Short Hunting $Study

TTT Buy Signal in effect – From ESz 1211   Around the Globe Asia - Trifecta Shanghai (China) -1.89% Hang Seng (Hong Kong) -1.73% Nikkei (Japan)-1.23% Europe as of 6:54am EDT DAX (Germany) -0.12% FTSE (UK) -0.64% Quote of the day: Anarchy – it’s not the law, it’s just a good idea. – Unknown...
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Bulls need some brotherly love today.. Maybe at 10am EST? $Study

November 17, 2011
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Bulls need some brotherly love today.. Maybe at 10am EST? $Study

Around the Globe Asia – CLOSED Shanghai (China) -0.16% Hang Seng (Hong Kong) -0.76% Nikkei (Japan)+0.19% Europe as of 6:49am EDT DAX (Germany) -1.47% FTSE (UK) -2.01%   Mixed message from the UK.  Consumers are not very confident but they continue to spend.  Not sure what to read into that.. Action speaks louder than...
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Favoring the bulls despite a weak open $Study

November 16, 2011
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Favoring the bulls despite a weak open $Study

Asia -Trifecta Shanghai (China) -2.48% Hang Seng (Hong Kong) -2.00% Nikkei (Japan)-0.92% Europe as of 7:19am EDT DAX (Germany) -0.41% FTSE (UK) -0.33% Mostly good news so far today on the ECO numbers.  Some Inflation numbers due out for the USA.  Energy numbers out at 10:30am EST.   Quote of the day: If the...
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Watch those tricky bulls during OPEX.. See if they field their special team $Study

November 15, 2011
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Watch those tricky bulls during OPEX.. See if they field their special team $Study

Around the Globe Asia – CLOSED Shanghai (China) +0.04% Hang Seng (Hong Kong) -0.82% Nikkei (Japan)-0.72% Europe as of 7:17am EDT DAX (Germany) -1.94% FTSE (UK) -1.14% Tuesday news was again mixed, hard ECO data was ok, but sentiment data was worse than expected.  In the USA there is news of which retail sales...
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Watching closely our 50 DPI today for this week’s direction $study

November 14, 2011
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Watching closely our 50 DPI today for this week’s direction $study

Around the Globe Asia – Trifecta Shanghai (China) +1.92% Hang Seng (Hong Kong) +1.94% Nikkei (Japan)+1.05% Europe as of 6:35am EDT DAX (Germany) -0.78% FTSE (UK) -0.55% Not a lot of news for today and none scheduled for the USA.  German housing market continues to look strong and although Europe Industrial Production beat expectations,...
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Breadth indicating time to think about selling rallies $Study

November 11, 2011
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Breadth indicating time to think about selling rallies $Study

Around the Globe Asia – Trifecta Shanghai (China) +0.06% Hang Seng (Hong Kong) +0.91% Nikkei (Japan)+0.16% Europe as of 7:33am EDT DAX (Germany) +1.17% FTSE (UK) +0.60% Inflation seems to be tamed, deflation should be the fear.  Someone asked me the other day why I sometimes color red misses ie. the UK (GBP) PPI...
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