seems to be following a classic wave pattern, but I'm not tech analysis guy and take it with a grain of salt....three days up, two down...next up leg soon. Market looking bleak.
men never get any respect...darn feminists I tell ya. When's SLW going to pop....afterall silver and gold are up up up
Retail sales is the screamer PM, as XMAS needs to make up for Thanksgiving and Grey Friday. That's like Black Friday only lighter. Crude inventories should come up only a little lighter given Dec was warmer and January for the record should also be light, what with higher temps and no white precip east coast to date.
No use getting around a dismal XMAS--the Fed is going to have fits justifying rate pops in the middle of real estate season this summer, but why would they make sense? I don't see rates popping until we get definitive wage traction for, as we all know, we give trillions to the banks, but the least whiff of wage traction by joesixpac, we have to suck more money out of him for credit card debt and housing, he's too stupid to bargain hunt. Futures are down but off their bottom wee hours, it doesn't mean much till retail reports--but silver is crashing near three percent on the news that, uh, on the uh, ummmm, yeah, you figure it out. I cannot.
veal chops are heading the way of the dinosaurs.
as male calves from dairy herds disappear, first it was the centrifuge which separated
x and y sperms. 70% female calves
soon the sperms can be grown in the laboratory 100% female calves
Instead of trying to warn, why don't you just warn? Your trying isn't working....and it never will, girls. ramps, tramps, losers, boozers ....DUHHHHHHHH!
Sentiment: Strong Buy
Yup. My butcher gave up on veal chops.
It's back to steak.
In the S&P an outside reversal started when someone sold a spitload of call options to mitigate risk--I wonder if they bought puts with some of the premium, but at 1100 EST market tanked and Cashin is convinced downside is the continued trend, as levels were breached. AA was always a farce, but KBH thin home building margins tanked that stock mucho dinero.
Still think Yellen has room to pop irates? Bought back a bunch of calls and sold more lower on my IWM. I've a funny feeling they'll expire worthless at end of week. Where's the bottom for the market?
We haven't had an outside reversal in a billion years. This will not be pretty in the short run.
Tomorrow will tell the story. This is making a W pattern. It pulled back and is still above the 200 DMA. If it breaks down below then it has to do more work. Otherwise this could make a nice move up from here.
Yesterday I Tried to warn my POOR sweet amateur SILVER LOSERS and FAILURES, again:
Just another option expiration week RAMP SCAM!! ROFLMAO
Sorry girls, but this pathetic DEADCAT bounce in your WORTHLESS golds/silvers has NOT been confirmed by the smaller JUNIOR stinkers (e.g. Alexco, Great Panther, Richmont, Goldenstar, etc. etc) and that PROVES WITHOUT DOUBT it is another SCAM RAMP job by the slimy banks and funds to SUCKER my POOR sweet gold/silver FAILURES into buying even more WORTHLESS gold/silver CALL options, again!!! ROFLMAO.....girls, as per Graham and Dodd, a sector can NOT possibly be undergoing a genuine sustainable uptrend when its JUNIORS repeatedly refuse to confirm the upmove.
Look out BELOW, girls, because RELATIVE to its DYING sector of silver and gold stink, this SLW trash is THE most obscene mega-bubble in USA stock market trading history---and its PANIC SELL CRASH is coming at any moment
thanks for your money bro, keep up the good work. Hey, why don't you just send me checks in the mail and we can both save on commissions fees and I can cut out the IRS cap gains and you can write it off as a gift tax. Win-win. Covering with call options now...oh more money rollin' in.
look at silver go up and SLW go down....that can't last, never seen such a large disconnect during the day. Which price will cry uncle and reverse? Speculators making SLW do funny stuff.
silver spot on a tear while SLW doesn't know if it should follow or sell off with other miners...funny. Will always follow silver in the long run. Bears are clueless.