2 Comments

  1. Market :

    DOW down 400 points !
    .
    .
    Yota..

    That,

    is,

    not,

    soo bad folks.
    .
    .
    Yota,

    has two special indicators.
    .
    They,

    they,

    remain on the bull side of the 50 day average..,

    so oo..,

    until/unless they break down .. .. do not worry about it.
    .
    .
    .
    Dollar:

    Up to day.
    .
    And,

    holding range at the top.
    .
    .
    Gold:

    Up to day .. er aah sort of.
    .
    .
    Yota,

    The dollar fell yesterday..,

    on weak volume.
    .
    .
    The gold, ( GDX )

    rallied hard..,

    on big volume.
    .
    And,

    that,

    is,

    very bullish for gold. ( Yota Note: Gold is 40% undervalue to the overall market.)
    .
    .
    .
    BUSINESS NEWS:

    The “talking heads,” saying..,

    the fed can raise rates..,

    butt,

    not by much.
    .
    .
    Yota..

    Rock and a hard place. ( Liquidity trap )
    .
    The planet is mired soo deeply in debt..,

    that,

    the,

    planet,

    must have cheep money to keep the global economy intact. ( A new credit card for the old credit card. )
    .
    Soo,

    when/if rates go higher..,

    the flood of money must continue..,

    and,

    a,

    flood of money .. results in inflation..,

    and, ( yawn )

    and,

    and,

    inflation rallies gold. (Yota Note : And inflation .,. rallies commodities. )
    .
    .
    .
    NEWS:

    Joe Biden being encouraged .. .. not to run .. .. in year 2024.
    .
    Yota ( On Joe )
    .
    Joe Biden can go down in history..,

    as a fine president.
    .
    All Joe need do..,

    is finish the Trump wall..,

    control government spending..,

    and, (If he wishes a Noble Peace Prize )
    .
    .
    bring Russia into NATO.
    .
    .
    .
    Yota..

    “He, wanted to write something interesting to day..,

    butt,

    this, is what you get.

  2. The Stock Market:

    Looking worse.
    .
    .
    SPY has big red volume candles.
    .
    Butt,

    Yota,

    looking at “His,” two special indicators..,
    .
    .
    unless/until..,

    the pull back indicator..,

    breaks below the 50 day.., ( and leads )

    the market .. ain’t ..,

    going to be in trouble.
    .
    .
    .
    Dollar/Gold:

    Big money went into the golds ( Miners )
    .
    .
    Bull signal.
    .
    Butt,

    if,

    the dollar ..,

    breaks up..,

    and, out..,

    on the weekly chart..,

    the golds can easily re test support.
    .
    .
    STOCKS:

    Shrug.
    .
    KHC.
    .
    Can easily pull back here..,

    butt,

    if,

    KHC pulls back by half .. .. then up..,

    that,

    becomes a bull signal.

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