Oil Update for You!

Oil Update for You!

As you might recall I am one of the only ones who called the downtrend shortly after the bombings in Iraq. We still have a large imbalance of speculators and institutional traders who are long against the Commercial traders. You can check it out he…

The Imminent Crash of 2021.....

I think it is time to address the issue surrounding the possible recession of 2021. If you listen to the Perma bears lately the US is once again headed for disaster. So you may be wondering what my own take on the market place is considering that t…

Gold and The USD Index.....

Gold and The USD Index.....

I think that it is time to revisit both gold and the US Dollar. There is not a lot to write about either instrument as you have heard me comment about them before. I told you many months and years back that the Dollar is simply in a sideways market…

2020 Predictions.....

2020 Predictions.....

I think that this is what you all wait for right. My thoughts for the beginning of the year which usually carry through until the end of the year or fourth quarter.
I bring you back to the bond market (in specific the 10 Year US Note) as it is the …

Merry Christmas and Happy Holidays to You and Yours....

Alright. Another year has come and gone. It seems like it was just yesterday that it turned 2019.
Are you better off?
Are you enjoying your life?
Are you staying as positive as you can in a rather negative environment?
Are you cultivating more good…

Repo Market Talk and Commodities.....

Alright, the Repo market is what is on everyone's mind. In case you don't know what this market is it is the overnight loan market where banks lend each other money. Lately, it hasn't been functioning very well because of liquidity issu…

Bitcoin Direction....

Bitcoin Direction....

I posted the chart below so that you can see the small position I took in Bitcoin a while back when I was telling you that it was likely headed further down. It did fall to my target and bounced. You can see that this is a very big volume area.
Do …