Just Charts at 3:00 PM

Very light market action, certainly not worth trading except for the compulsive or the terminally bored.

Have a pleasant evening.

Just Charts at 2:30

This market action is a snooze. Not worth trading except for the very nimble.

Housing appears to be in a number of localized regional bubbles.

Stocks are already in bubble territory.

The economic recovery is thin and overstated to the point of fakery, with little real wage and full time job growth to sustain aggregate domestic demand. With monopolistic pricing in healthcare and other sectors continuing to soar, this is not a recipe for sustainable social interaction, much less a recovery.

Trump's fiscal initiatives remain a viable wild card, but the information to date does not appear to be hopeful, since the destroyers of the middle class are in the ascendancy. Keeping an open mind on that, but the auspices are not good.

I received some video games for Christmas, and I am itching to give Skyrim Special Edition a spin. lol

Have a pleasant evening.

Christmas 2016 - A Very Good Year

Fear not.  

For behold, I bring you good tidings of great joy, which shall be to all people. For unto you is born this day in the city of David a Saviour, which is Christ the Lord.

And this shall be a sign unto you; you shall find the babe wrapped in swaddling clothes, lying in a manger.


Glory to God in the highest, and on earth peace to men of good will..

Was this a bad year?

Dolly was sick and neglected and thrown out on the streets, and now she is happy, and healthy, and loved in a real home.

My son was working very long hours, but not enjoying his life. Now he finds joy in his new areas of study and work, and is at peace.

The queen was hard stricken, and could not walk or talk, and now she can do almost anything, and is back spreading kindness, warmth and joy.

And as for me, I was blind, and now I can see.

How can I not rejoice?

Christmas Eve 2016

"Do not be preoccupied with the wicked, or envy those who do evil.  They will dry up and wither away like the grass and green plants.

Trust the Lord, and do good things. Live in the land, and practice being faithful.   Be happy with the Lord, and He will give you the desires of your heart.

Conform your ways to His, and He will sustain your efforts.  Your righteousness will shine like a light, your just cause like the sun.

Surrender your self to the Lord and wait patiently, abiding in Him."

Psalm 37

We are wanderers in this world, searching for our way home. That home is where our only true happiness resides.  Home is where our hearts are bound, and all that is enduring can be found.

May the peace of our Lord be with you always, and abide with you for all of your days, until he welcomes you into His father's house.

Merry Christmas,

Jesse


Merson, Rest On the Flight Into Egypt