Weekend Wrap

charts are updated

Deutsche Bank

Analysis - selling climax? the final puking up of stock
Conclusion - not for the meek there may be a new round of VP's flying from windows soon you read here first.
Action - hold no action

P & F


next stop zero?  gott in himmel!

Bullish Percent 
Financials




the end of a weak cycle but a Bullish alert is a Bullish alert                                                                                       

Feb 25 2016

our daily breadth .....

still a Bearish Bias.

Market Breadth

Issues	Number	%
Advancing	101	42
Declining	135	56
Unchanged	4	2
Total	240	100
As of Fri Feb 26, 2016 12:19 AM EST

The fraction of the overall market that is participating in the market's up or down move.

Market Volume

Issues	Amount	%
Advancing	98,831,713	39
Declining	139,167,854	56
Unchanged	12,546,131	5
Total	250,545,698	100
As of Fri Feb 26, 2016 12:19 AM

The volume of today's trading that is participating in the market's up or down move.

New Highs and Lows

Issues	Number	%
52-week highs	7	3
52-week lows	3	1
Total	240	100
As of Fri Feb 26, 2016 12:20 AM

The number of stocks in the index reaching a new 52-week high or low today.

Comment:

As you may have noticed I have a tendency to not make idle comments on the day to day moves of the market.  

I let my charts do the speaking.  

I was taught that any fool can make money in a Bull Market but it takes real brains to make money in a Bear.  This is where I shine.

Bonds- 30 year Bull is nearing an end

Stocks- 8 year Bull is at an end

Oil- heading to $10?

Gold - the truth lies between  $1233 US $Gold and $16,697 US $INDU.  the current ratio is 13.54 oz of Gold to 1 share of DOW.  at some point these two have to rationalize. at the bottom of the Bear the ratio is 1 share of  DOW to 1oz of Gold.

so here are the scenarios

Gold up DOW Down    $5000 dow/gold

Gold unchanged DOW DOWN $1200 gold/dow

Gold down DOW Down (in this scenario Gold retains greater or equal value) $600 gold/dow 99% wipe out of the DOW

Feb 24 2016

$Cotton Spot



Analysis - test for sellers, double bottom, bottom of the established trading range, maybe a "piecing pattern" developing
Conclusion - the longer this goes sideways the more repair
Action - dollar average Buy Trailing stop

Feb 22 2016

Silver the big picture



Analysis- Solitude (oversold), double bottom,  previous trend-line is intact

Conclusion - there may be some blood to let but the next few sessions may make the bulls case

Action: Dollar Average Buy trailing stop

Weekend Wrap

better late than never





charts are updated


the slow motion train wreck plows on

Weekend Wrap

something wicked this way comes......

the great deflation is about to take form!

Feb 5 2016

our daily Breadth......


$SPX




the worst chart ever . resistance at 1950 support at 1850




 critical day tomorrow.



the big picture commerce and trade have ceased to function the next step will be a really really really big event!