2 Comments

  1. NEWS:

    Fed speaks to mo rr ow.

    Rates are predicted to rise.25% . (The fed crossing it’s fingers .. hoping not to spook the market. )
    .
    .
    .
    Stock market:

    The big indexes are basing..,

    and,

    basing, predicts a rally. ( The market waiting on fed speak. )
    .
    .
    .

    A tidbit:

    Marmite. ( AKA: Vegemite )
    .
    It seems that the makers of marmite/vegamite..,

    are shutting down operations.
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    Q:
    What the hell is Marmite/vegamite ??
    .
    .
    A:
    Vegemite sandwich.
    .
    It’s the salty stuff , used as a sandwich spread..,

    made from seaweed..,

    mixed with beer yeast..,

    for which .. only the, “lads ” in Australia .. have developed a taste .
    .
    .
    Yota..

    It seems that instead of eating the stuff..,

    the Australians ..,

    are now .. .. spitting it out.
    .
    .
    .
    To d ay is not a good day to write.

  2. Tonnes going on in Yota’s, life to d ay..,

    and,

    Yota,

    is up to “His” ears in busy. (Both to d ay and To mo rr ow. )
    .
    .
    .
    Business NEWS:

    The fed promised to rase rates..,

    and,

    slow bond buying. ( To slow bond buying , effectively drives up interest rates. )
    .
    .
    And,

    the market has fallen on the promise.
    .
    .
    Yota..

    The fed must be serious..,( About rate hikes )

    cause,

    the dollar is in a rally higher ..,

    and,

    higher.
    .
    .
    Yota..

    That said..,

    the big indexes,

    are breaking down .. on to support..,

    so oo,

    so, long as we break no lower..,

    the market can still dead cat bounce.
    .
    .
    .
    Dollar/Gold:

    Dollar up..,

    gold down.
    .
    .
    The miners.., ( GDX )

    are,

    retesting support..,

    so oo,

    they, ( like the big market indexes ) .. still have a chance.
    .
    .
    .
    NEWS:

    Supreme Court Justice ..Stephen Breyer retires.
    .
    That is Great NEWS for the demo c rats..,

    cause,

    they hold the same chair.
    .
    .
    And,

    for the Republicans..,

    it is..,

    little more than yawn..,

    cause,

    seat or no seat..,

    the conservatives still hold majority on the court.
    .
    .
    ( Busy to morrow )

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