Wednesday, November 26, 2014

Key Reversal Days in the OEX, SPX, NYSE......does it matter?

OEX Daily Chart @ Close Tuesday 11/25/2014
Key Reversals in the OEX & S&P500; NYSE follows with an Outside Down Day of its own as the 'Hindenburg' monetary dock gets complicated amid contradictory economic stats & commodity prices @ the edge of, if NOT already over; the proverbial cliff.
For whom the bell tolls.......now?

Monday, November 24, 2014

NYSE still shy Record Highs as the Rally slows amid further QE.

NYSE Daily Chart @ Close Friday 11/21/2014
Same story; further into the Rally from mid- October.
Bad News prompts Central Bank reaction with 'Good News' in more QE & ZIRP policies.
Hindenburg analogies are becoming common as the CB's try to 'dock' respective economies into recovery mode amid a global glut of excess EVERYTHING.
Deflation is only a 'dirty' word if your indebted.......oh well.

Sunday, November 9, 2014

NYSE still not cooperating with NO New High sighted..............

NYSE Daily Chart @ Close 11/07/2014
ECB QE; BoJ expanded QE; Bad News is Good News......the S&P500 may be scaling new heights along with the DOW; but so did Humpty Dumpty.
Surreal markets in Wonderland?
All that's missing is Alice & Mimzy.