SP 500 and NDX Futures Daily Charts - Clinkety Clack

The markets were again just futzing around, waiting to hear from the Fed tomorrow, or something else that will give them a catalyst for movement one way or another.

They are edgy, like a poker player, clinking their chips around while waiting to make some kind of move.

Have a pleasant evening.

Gold Daily and Silver Weekly Charts - FOMC Announcement on Wednesday the 16th

Today was a lightly traded day, with plenty of antics as the markets wait for something to act on, and if not, then anything the Fed might have to say on Wednesday.

The US dollar was a little higher, and the precious metals moved a little lower in a fairly deliberate two step.

It was generally a 'snoozer' of a day.

Have a pleasant evening.

SP 500 and NDX Futures Daily Charts - Little Conviction in ZombieLand

Stocks drifted higher during much of this very low volume, sleepy day.

They gave up the best of their gains into the close.

This is a market that is 'marking time' for a catalyst, perhaps the FOMC meeting on Wednesday the 16th.   There is little expectation that the Fed will do anything at this meeting, but traders want to hear what, if anything, new that they have to say.

Have a pleasant evening.

The Woman Caught In Adultery: A Year of Mercy and Repentance

"I think we too are the people who, on the one hand, want to listen to Jesus, but on the other hand, at times, like to find a stick to beat others with, to condemn others. And Jesus has this message for us: mercy. I think — and I say it with humility — that this is the Lord's most powerful message: mercy.

We continue to be sinners for we are weak, but with this grace which makes us feel that the Lord is good, that the Lord is merciful, that the Lord waits for us, that the Lord pardons us—this immense grace changes our heart...

And here I wish to say to you: joy! Do not be men and women of sadness: a Christian can never be sad! Never give way to discouragement! Ours is not a joy born of having many possessions, but of having encountered a person, Jesus, in our midst.”

Francis I


"‘Woe to you, you hypocrites! You scrupulously observe the details, but neglect the more important spirit of His commandments – justice, mercy and faithfulness.

‘Woe to you, you hypocrites! You carefully perform the rituals, but inside you are full of greed and self-indulgence.

‘Woe to you, you hypocrites! You are like whitewashed tombs, which look beautiful on the outside, but on the inside are full of the bones of the dead and everything unclean. On the outside you appear righteous, but on the inside you are full of hypocrisy and wickedness.

‘You snakes, you brood of vipers.'"

Matt 23: 23-33