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Pullback continues!

We came into yesterday thinking a pullback was at hand. At 10 am, we were not so sure. But the reversal and this morning’s open

Yuck!

Yesterday’s action showed markets are now in pullback mode. Recent highs could not be taken out with sellers now overtaking buyers.  The worst areas are

Another big tail day.

Beats the heck out of me what happens Wednesday but when : The nasdaq is down 70 early and finishes up 25… The dow is

A note on GOLD!

Except for two teases to the upside, we have been bearish on GOLD almost since the highs more than 3 years ago. We are still

I have had this same reaction!

SOURCE: http://www.nbcsports.com/golf/pga/must-see-toddler-has-perfect-reaction-missed-putt?cid=aol&icid=maing-grid7|htmlws-main-bb|dl11|sec1_lnk3%26pLid%3D578031

More of the same…but!

More of the same. Commodity areas crushed. In fact, energy continues its crash. Yes…that is a slow moving crash. BUT…after the CENTRAL BANK-INDUCED climax low,