10 Year Yield and USD hod - futures and GC currently  lower as result with ES near 5200 support an GC back to 2517 after spike to 2526

Nice to see - complete shit company who via they're independent broker in Vegas scammed us a few years ago.  AVOID them like the plague 

I've gone through the TDA to Schwab.  It was painless.  Had no notable TOS difference.   I wish they would improve their backtesting strategy report though.

TRIP down 28% on earnings earlier today, ouch!

Youtube video finally uploaded - apparently Youtube had an outage, tons of people were complaining about their videos taking forever to upload

Youtube Video Wednesday May 8th, 2024  - watch in full 1080 resolution on tablet or desktop NOT your phone

PLEASE leave a like and comment, helps the Youtube Algorithm to get out stuff more visible - I appreciate the support!

Newsletter Wednesday May 8th  standard Webpage Format  - contains all the dynamic chart links

Nationwide's Jestice sees a real possibility that the Fed will in fact achieve a soft landing, even as the yield curve in U.S. Treasuries remains inverted.

"It's dangerous to say we're in a new paradigm in terms of the economy, but this time it really is different," he said.

Two of my accounts moved several months ago with no issues. The last two trading accounts move this weekend so starting Monday I trade with Schwab via the Schwab version of ThinkorSwim. My grandson set up a Paper Money account with Schwab and his ThinkorSwim version appears to be very different than my TD Ameritrade version. Not sure what to expect but accounts will move with no holdings and if there are issues I have accounts Merrill & Fidelity that I can use. Keeping fingers crossed.

A big transition for TD Ameritrade customers this weekend with the move to Schwab. Having been through conversions before in my career, I have this nagging feeling it won’t go as smooth as we would hope. Has anyone been through this already with TDA? Any issues?

$BPGDM - Chart Link - I haven't posted this in a while, is on a sell finally from yesterday

Banana Republic, LOL

SBUX - Chart Link one of you guys  pointed out the CCI bungie setup yesterday, triggered today

SBUX - Chart Link

SBUX - Chart Link monthly longer term looks like crap

After hours, off the charts comment. It's heartwarming to see CNN and MSNBC create new heroes for America's women with Stormy Daniels and her good friends constantly being interviewed.  Haters gonna hate about her looking for attention with the lawsuit. But I mean come on - a pornstar that craves attention at that kind of manic level to bring a lawsuit against a famous dude? Yeah right 

not surprised, that ARM chart looked vulnerable in the first place, 3 wave bounce, MA bearish squeeze etc

I went ahead and updated the data here since this chart was from March. 

Now we are 547 days inverted, which is more than all others except for the late 1920's

of course it's different this time and doesn't matter right? yeah LOL

$VIX - Chart Link- shows the gap fill, MACD divergence is building now

$VIX - Chart Link- daily - notice the lower Bolilnger Bands and the slope, that makes it impossible for the VIX to close back below the lower BB's without first a bounce in the VIX that causes the lower BB's slope to turn back up 

ARM   down about 10 percent in AH. 

looks like we filled that open gap