Waiting for …Godot…or Uber, or the guys in the pom-pom shoes…

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=1&mn=0&dy=0&id=p05271428421&a=414952219 Everyone is waiting for the other tasseled shoe to drop except the French taxi drivers who are taking things into their own hands and thumbing their noses at the…

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Market misfires. Refuses to tip…

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=7&dy=0&id=p97591315138&a=408600621 Offered a chance to resolve the suspense Friday the market played coy, so the issue remains unresolved.  The market principle should be remembered:  The market will do whatever it…

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Change of tune…

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p09524411098&a=266398464 Looking at the wave which unfolded last week we can plainly see the fingerprints of the contrarians.   These people take an extreme up bar as an excuse to…

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Paranoid market on a hot tin roof…

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p83257770514&a=266398464 While we wait for the market to confirm the breakout of 2000 it would be interesting to assess the present state of the market.  Paranoid cat on a hot…

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Gold, silver, Miners and how to sit still

  http://stockcharts.com/h-sc/ui?s=GLD&p=D&yr=0&mn=9&dy=0&id=p79177025382&a=255869372 Screaming signals.  Gold gaps and a power bar.  Actually we don't think there is an explanation for this action.  Peripatetic pundits natter on about inflation, Iraq, tea party…

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