Category: Financial Markets Update

FOR TUESDAY: (11/15) Lots of Fed Speak this week and then waiting for Janet to speak on Thursday is always a congestive delight. Market has a lot to digest after so much activity the last week and we probably should be patient with some markets.

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FOR MONDAY: (11/14) There’s a 16-year cycle peaking this week which we last saw around Y2K in Jan. 2000. It can be seen in large democratic or humanitarian societal movements which seek to alleviate social injustice. It’s manifesting now with the riots against Trump but there also riots in Europe. Yet, without a firm peaceful foundation aligned with higher principles, movements like this tend to backfire and become ineffective and dangerous. These cycles can be quite unconscious, eliciting violent, confusing, incoherent, and disintegrating shadow forces. Like Y2k when we were all convinced the world was going to end because of computer glitches and it turned into a subconscious hoax, it feels like everyone is spinning the Trump victory into the end of the world or the best thing since white break. We are somewhere in between. This week, speculative cycles are very crazy so if you thought last week was crazy, there’s more coming. We have to continue to play patterns and look for the completion of energy points. Thinking last week’s trend will continue into Wednesday or Thursday and then a shift will start by Friday.

FOR FRIDAY: (11/11) Happy Veteran’s Day! Only the bond market is affected but the Fed. Reserve is on holiday so everything is delayed clearing. We often see congestion setting in on Friday before a weekend break and profit-taking setting in. Bonds are due for short-covering and also crude could. Dollar and euro are quieter on Friday. Super Moon and the closest moon to the earth since 1948 may create more big surges come Monday. Still, the world and most of us are ready for a rest from a very long week. Honor our beloved military by donating to some of their favorite charities and hopefully Trump will fulfill his promises to them as they have been victimized by lack of care from Veteran’s hospitals.

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FOR THURSDAY: (11/10) Now that a Trump win is behind us and everything is back to normal, we can go back to regular trading as if nothing has happened? No, but still hard to do anything overnight. China is unraveling a bit and volatility is high so have to wait for the morning. After a knee-jerk reaction, cycles are back to performing as they were supposed to this week. Just a little hiccup on Tuesday night. Continue reading

FOR WEDNESDAY: (11/9) Back to drawing board after the Trump surprise.

FOR TUESDAY: (11/8) The FBI lifting the latest Email investigation is a game changer but not a confirmation for victory. Our bias has been for a Clinton victory based on the fact that stocks appear to want to lift off after the election. That has now started earlier. The larger issue is that a President can’t be impeached for crimes they have done before they were in office and it seems difficult to think that the FBI will push through Clinton Foundation investigations and get indictments so quickly. There are also NYPD investigations to the Wiener tie that are unlikely to be dropped. Given that cycles still suggest a mess from about the middle of November until Christmas, I suspect disorder for the US financial markets won’t be over even if we get a relief rally on Wednesday-Monday. The Clinton campaign is very concerned about a Wikileaks bombshell today and Julian Assange has promised one if she doesn’t resign. That may prevent any early celebrations and any such event could lead to overnight gaps being filled if we get something but we are running out of time. One supercomputer that accurately predicted all the primaries has Trump winning so there are still surprises in store. Hard to hold anything overnight and if you want to bet on Wednesday’s results, you will have to use options or ETFs and have defensive strategies if you’re wrong.

FOR MONDAY: (11/7) We continue to wait for more shoes to drop but now Fox News is taking the “indictment” strength out of the Clinton Foundation scandal. All this stuff takes an incredible amount of time to process so it may be naive to think that we’ll get quick answers and resolutions. Lately Mondays have been sideways and this one is before the election. Cycles look more positive going into next week for many markets that have been overdone so it may be hard to press things too much more. We continue to see a Hillary win and relief rally for stocks this week and that may be good for the dollar and bad for gold.

FOR FRIDAY: (11/4) The truth is out there but who will report it? The news media has been owned and been supporting Hillary as proven by Wikileaks emails from John Podesta. The internet is filled with rumors from people trying to influence their friends. And we remain waiting for the FBI and Comey who seem to want the truth and justice but the political pressure are enormous. There’s a sense that what will come out will be bigger than Watergate and will be one of the biggest scandals in history but when will it happen? Markets are oversold and biting their nails and we are with them. We sense that the nature of electronic voting and history of vote rigging (see Bev Allen’s award-winning documentary from HBO, “Hacking Democracy” on you tube) will not create any definitive end to the farce but Wall Street may have an oversold bounce if we are correct about an apparent Hillary win on Tuesday. Stay tuned. It’s not over until the Fat Lady Sings. (We are for neither candidate but for truth and fighting corruption.)

FOR THURSDAY: (11/3) Weak cycles overnight inclines us to sell and take profits quickly in the morning for the S & P. Crude looks lower into Friday and T-note higher so we’ll buy dips there. Dollar needs a 2-day bounce before it can be resold.Continue reading

FOR TUESDAY: (11/1) Usually we don’t like to be caught short on the first day of the month and cycles are positive on Tuesday and trade will sometimes buy before a dovish/no hike report on Wednesday. Otherwise we may get a boring repeat of Monday except for the Bank of Japan and their press conference overnight. Continue reading