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Welcome and thank you for visiting!

The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
* Major World Market Indices * Futures Markets * U.S. Sectors and ETFs * Commodities * U.S. Bonds * Forex

N.B.
* The content in my articles is time-sensitive. Each one shows the date and time (New York ET) that I publish them. By the time you read them, market conditions may be quite different than that which is described in my posts, and upon which my analyses are based at that time.
* My posts are also re-published by several other websites and I have no control as to when their editors do so, or for the accuracy in their editing and reproduction of my content.
* In answer to this often-asked question, please be advised that I do not post articles from other writers on my site.
* From time to time, I will add updated market information and charts to some of my articles, so it's worth checking back here occasionally for the latest analyses.

DISCLAIMER: All the information contained within my posts are my opinions only and none of it may be construed as financial or trading advice...please read my full Disclaimer at this link.

Dots

* If the dots don't connect, gather more dots until they do...or, just follow the $$$...

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ECONOMIC EVENTS

 UPCOMING (MAJOR) U.S. ECONOMIC EVENTS...

***2024***
* Thurs. Nov. 7 @ 2:00 pm ET - FOMC Rate Announcement + Forecasts and @ 2:30 pm ET - Fed Chair Press Conference
* Wed. Dec. 18 @ 2:00 pm ET - FOMC Rate Announcement + Forecasts and @ 2:30 pm ET - Fed Chair Press Conference

*** CLICK HERE for link to Economic Calendars for all upcoming events.

Saturday, January 23, 2021

Thursday, January 21, 2021

Farewell, President Trump...Buona Fortuna, 45! PLUS: Impeachment #2

* See UPDATES below...

This post has it all...thrills, spills and political theatre...

  • Former President Donald Trump's departure messages after serving his first term in office
  • 2020 election "fortification" versus election "rigging"
  • House Impeachment #2 and Senate Acquittal #2 of Mr. Trump
  • Capitol riot of January 6
  • Capitol security review
  • Future Republican leadership questions
  • America's future under the Biden administration 


Farewell Address 01/19/2021


Departure Ceremony 01/20/2021


Departure from White House 01/20/2021


Link to Trump Administration Accomplishments
Link to Trump White House Archives


~~~~~~~~~

Buona Fortuna, 45! 😊

NEW WEBSITE: donaldjtrump.com

~~~~~~~~~

Sunday, January 03, 2021

2020 Market Wrap-Up and 2021 Market Forecast: A Dimmer Sun?

Perhaps the most valuable commodity this year will be Vitamin D, thanks to Bill Gates' proposal to "dim the sun" and his support for large-scale, endless lockdowns. 😏

My Annual 2020 Market Wrap-Up and 2021 Market Forecast is extremely short this year. We live in an upside-down world, propped up by central banks and government stimulus...likely to continue this year, thanks to the effects of the COVID-19 global pandemic.


The S&P 500 Index (SPX) gained a total of 1,568.34 points from the low to the high of 2020, and the Balance of Power (BOP) is still firmly in the hands of Buyers, as shown on the following monthly chart

However, the BOP for December is a fraction below November's, so the buying was slightly more subdued last month and may portend a slower pace in the coming months.

The next major resistance is represented by the 1.382% External Fibonacci level at 3850.57. Major support lies below at the "Big Round Number" of 3600.

Barring another retest of 3600, as we saw during three weeks of November, I'd expect the buying to continue up to 3850.57, or higher, in the coming weeks/months.

However, stocks may be getting overvalued, as shown on the following ZeroHedge chart. Perhaps 2021 may usher in more stock splits...or a 10-20% correction.

We'll see what happens...but, keep an eye on the rate of buying/selling, as represented by the BOP indicator.


P.S.

By the way, the SPX "iceberg" is still afloat.


Friday, January 01, 2021

Happy New Year 2021!

Here's hoping 2021 ushers in better days ahead for everyone. Best wishes for good health, prosperity and good friends. 😊