WELCOME

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 $$$...

Events

UPCOMING (MAJOR) U.S. ECONOMIC EVENTS...
* Wed. July 7 @ 2:00 pm ET ~ FOMC Meeting Minutes
* Tues. July 13 @ 8:30 am ET ~ MoM & YoY CPI & Core CPI Data
* Wed. July 14 @ 8:30 am ET ~ PPI m/m & Core PPI m/m Data
* Wed. July 14 @ 2:00 pm ET ~ Beige Book Report
* Fri. July 16 @ 8:30 am ET ~ Retail Sales & Core Retail Sales Data
* Wed. July 28 @ 2:00 pm ET ~ FOMC Announcement + FOMC Forecasts and @ 2:30 pm ET ~ Fed Chair Press Conference
* Fri. July 30 @ 8:30 am ET ~ Core PCE Price Index Data
* Fri. Aug. 6 @ 8:30 am ET ~ Employment Data

*** Click here for link to Economic Calendars for all upcoming events.

Saturday, July 17, 2021

That's What Doctors Are For 😏

Why would you take your medical advice from social media sites, such as Facebook, when that's what your family doctors are for? 

Whether or not you should receive a COVID-19 vaccine is a private matter that is best discussed with your own doctor (who is familiar with your medical history).

That's what the Biden administration should be recommending and pursuing...not the policing and censoring of 'opinions' posted by every 'Tom, Dick and Harry' on those sites!

By the way, if you're wondering why people may be skeptical of taking a vaccine, take a look at this Twitter thread of past tweets when everyone from Joe Biden to Bill Gates (and, especially, the media) were questioning and/or denouncing it (simply because it was being developed by the drug companies during former President Trump's administration as part of their 'Operation Warp Speed' program)...none of whom ever did thank him for leading this monumental effort to combat this 'frankenvirus.'


Tuesday, July 13, 2021

SPX: Dead Cat Bounce?

* See UPDATE below...

A bit of humour provided while waiting for the SPX to roll over...


The diverging RSI, MACD, and PMO indicators, as well as the ratio price, on the SPX:VIX ratio are not confirming the rally in the SPX (from June 21)...something I reported on in my post of June 20...so, I'm thinking this latest rally may be a 'dead cat bounce,' and about to turn around. 

However, as we know, markets have a habit of baiting, trapping and surprising.

So, we'll see what happens, and whether traders are at all bothered by inflation data.


* UPDATE July 19...

If the ratio price remains below the 200 MA, look out below for the SPX...the 'dead cat bounce' is playing out nicely with the recent plunge in the SPX.

Major supports sits at 4000 on the SPX...and 100 on the SPX:VIX ratio.




Thursday, July 01, 2021

REMINDER: Changes To My Blog E-mail Subscription Service Begin in July

N.B. To my Blog readers who receive my new posts via e-mail, please be advised that Google's E-mail FeedBurner Subscription service will cease to be provided and you will no longer receive them via email, beginning in July.

Instead, feel free to bookmark my Blog address and check in daily to read any new articles that I may have posted, as well as any updates I may have added to previous ones.

My appologies for any inconvenience in this regard. Your loyalty over the years is appreciated. 😊

N.B. To the editors of those websites who publish my articles on their sites, you will continue to automatically receive them via FeedBurner Subscription, as usual.

Many thanks to all who've supported my Blog over the years, in one way or another. 😊

Candy Matheson

Strawberry Blonde's Market Summary