Crude Oil Seasonal Picture Crude oil is approaching a seasonal low here. Gold, however, shows further seasonal weakness. click chart to enlarge Subscribe to see the rest of this post.
Reversal A dramatic and technically relevant reversal today should see prices decline for a while. But will it break the back of the Money Printing Pump? click chart to enlarge The breadth barely below zero. It can fall far before reaching an oversold reading from here. Subscribe to see the rest of this post.
Go Red Sox! Please excuse the off topic baseball intrusion. But yes, GO Red Sox! click chart to enlarge Subscribe to see the rest of this post.
Weekly Update The previous metals impressed last week. Should we expect follow-through? Subscribe to see the rest of this post.
Euro 1.55? The euro has not kept pace with the relative speed of dollar printing versus euro printing. We've been expecting this spread to narrow. It has quite a long way to go. click chart to enlarge Subscribe to see the rest of this post.