AUGUST 2015

31st ==

• First monthly close below the 12 SMA since 2011.
• But the long term mid-channel trendline is involved.
• Always interesting.

• Aren't there bigger concerns like Social Security and Medicare viability.  Hard to take someone seriously when they insist that the "biggest threat to America is the weather".

25th ==

• Risk happens fast!
• A bit overdone.  Can't even say whether that was the momentum low yet...let alone the price low.
• Shouldn't be in any rush here as we're below the 50 week MA and volatility is scorching.
• Waiting for market dust to settle some.  Fear and volatility measures very high (below).  It will probably be very whippy if 2011 is any comparison as MA's catch up.  We'll see.
• Glad I was out.  Hope you didn't get hurt.  Patience here.

16th ==

Just a brief youtube that I saw on Mrs. Clinton...not gonna ruin a perfectly good weekend looking for more.  Besides, the whole server thing will entertain us in the months to come.  You know it's real when the Dem side is scrambling to repackage Biden and Gore.  Come on!

https://www.youtube.com/watch?v=PbnKGopT0Uc


11th ==

5th ==

If history is any guide....not a low risk environment by this measure.  SP500 currently in its tightest six month range since 1950.  It can pop up or down...dunno!  But, it's storing energy for a move.

Ms. Market is always so darned alluring...