Go Away! It's the holidays! Or if you can't do that - take a nap!
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Author: ChrisC
Getting Quiet
The holidays and price resistance are slowing the advance. But that’s not bearish.
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Who’s Not Pumping?
Everybody's doin it, doin it, doin it.
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Pumps Max On
What are they afraid of?
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It would appear Powell and Lagarde are now working as a tag team.
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Wishy Washy
I remarked weeks ago that mid December saw conflicting tidal forces. The market is behaving as if being pulled in two directions, with the net movement close to zero. I'm not surprised.
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Weekly Update
Seasonal risk for bonds and metals now.
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Tried and True
We've seen this tried and true method before. Whenever a whiff of panic is in the air - crush the dollar, thereby giving equities an adrenaline shot.
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Follow Through
Some follow through today. But remember, tides still point higher for just a bit.
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