12 January 2016

SP 500 and NDX Futures Daily Charts - Calming the Herd


Stocks managed to hang on to a bounce.

The NASDAQ marked its first 'green' close for 2016.

There was little in the way of economic news.

More earnings after the bell.

Have a pleasant evening.





11 January 2016

Gold Daily and Silver Weekly Charts - Commodities Spanked


Gold and silver were sliding lower today, down a bit along with most other commodities which were getting hammered.

There were no deliveries to speak of at The Bucket Shop last Friday.

There were some inflows of silver into the warehouses as shown below.

Have a pleasant evening.






SP 500 and NDX Futures Daily Charts - Late Day Save and Earnings Season Begins


Stocks closed a wild ranging day with an early attempt to rally falling into the red, and a late day effort managing to take them out pretty much unchanged.

Alcoa kicked off earnings season after the bell by beating earnings and missing revenues.

There was no other US economic data of note.

The global stock selloff continues.

Have a pleasant evening.