July 7 2016

Our Daily Breadth......


ok even playing field a few days consolidation before the big leg down (?)

$SPX

Market Breadth

Issues	Number	%
Advancing	259	52
Declining	228	46
Unchanged	9	2
Total	496	100
As of Thu Jul 7, 2016 5:12 PM EDT

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

Market Volume

Issues	Amount	%
Advancing	1,216,651,062	58
Declining	840,070,627	40
Unchanged	48,215,059	2
Total	2,104,936,748	100
As of Thu Jul 7, 2016 5:12 PM

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	35	7
52-week lows	1	0
Total	496	100
As of Thu Jul 7, 2016 5:12 PM

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

July 6 2016

Our Daily Breadth......

 should I start with HOLY CRAP or WTF?

- The FBI is not going to charge Hillary Clinton with Violations of the Espionage Act we have truly lost our way!

What is the point of playing by the rules when those that claim to lead us do not abide by even minimal standards of ethical behavior?

SPX

Market Breadth

Issues	Number	%
Advancing	371	75
Declining	121	24
Unchanged	4	1
Total	496	100
As of Thu Jul 7, 2016 2:35 AM EDT

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

Market Volume

Issues	Amount	%
Advancing	1,744,644,529	74
Declining	597,150,210	25
Unchanged	26,665,507	1
Total	2,368,460,246	100
As of Thu Jul 7, 2016 2:35 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	54	11
52-week lows	3	1
Total	496	100
As of Thu Jul 7, 2016 2:35 AM

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

Check out this chart from StockCharts.com for $GOLD

Check out this chart from StockCharts.com for $GOLD





Analysis - The Battle lines are drawn the next few sessions are critical.

Conclusion - Buy the dip which is coming

Action - Buy trailing stop

Check out this chart from StockCharts.com for $BDI

Check out this chart from StockCharts.com for $BDI







Analysis -  transition to a trading range demand coming back into the system

Conclusion - not for the meek

Action - Buy trailing stop

July 4 2016 Independence Day

Long Live Liberty!

Death to Dictators and Tyrants!

"Those who forgo Liberty for Security deserve neither!"- Ben Franklin

"Capitalism is the ONLY Economic system that acknowledges that all People are free to choose what they do with their time effort and labour -FREE TO CHOOSE!"

The Constitution

http://constitutioncenter.org/media/files/constitution.pdf


The Declaration of Independence 

https://www.constitutionfacts.com/us-declaration-of-independence/read-the-declaration/



The Canadian Charter of Rights and Freedoms

https://www.constitutionfacts.com/us-declaration-of-independence/read-the-declaration/

Check out this chart from StockCharts.com for $TSX

Check out this chart from StockCharts.com for $TSX

Check out this chart from StockCharts.com for $USD

Check out this chart from StockCharts.com for $USD