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Knocking on 1700 $ES_F, anyone home?

Today’s Economic News: Not such happy news today for Asia and China and Japan closed down about 0.5%.  It is a different story in Europe and the markets there are up a percent. You can see the difference in the data above.  It’s all about the PMIs and the European one is improving and marched […]

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Swing number three at 1680 on the E-Mini

Today’s Economic News: Great numbers out of the UK today… Watch what is happening in Philly.  Good news should equal good news with the Ben insurance policy. Quote of the Day:I haven’t spoken to my mother-in-law for eighteen months—I don’t like to interrupt her.–Ken Dodd Featured Breadth Chart of the Day: We took that 2nd […]

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Double Peaks and Whack a Bull $ES_F 1650 x 1625

Today’s Economic News: News is ok for today.  Weaker numbers out of China than expected, but that is OK too.  Watch today for that 10am ET release of wholesale inventories and then again at 2pm ET the FOMC taper notes.    The bears are looking to take advantage of the dangerous double top and those seem […]

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