13 January 2012

SP 500 Futures Daily Chart Intraday



So far just another day in the 'hood with the hoods.

Cute bear raid in the metals.



12 January 2012

Gold Daily and Silver Weekly Charts - Breakout Attempt Smacked Back For Now



I see where Alf Field called an end to the gold correction today. I am not quite willing to do that yet. I would like to see a sustained breakout on volume.

These markets are like carnie games anymore.




SP 500 and NDX Futures Daily Charts - Trading 2012 - "Money Owns This Town"



Yet another late day turnaround on light volumes and vapors.

Banks kick off their earnings season with JPM tomorrow.

I wonder if there will be a footnote category in the income statement for 'missing customer funds.'





"Money Owns This Town" by Alabama3



JPM = Dave Hester 'The Mogul'
Morgan Stanley = Jarrod 'The Young Gun'
Bank of America = Darrell 'The Gambler'
Citi = Barry 'The Collector'
with Dan & Laura = SEC and CFTC

Thanks and apologies to my friend Barry Weiss for this. lol

Net Asset Value of Certain Precious Metal Trusts and Funds