I'll try and track down the CBW fast money piece on golds performance as compared to the S&P.  Maybe I remembered the 50 years part wrong? I remember clearly it was many years and almost identical performance...but maybe it was 25 years? I'm pretty good with remembering weird stuff like this fairly accurately and 50 years is stuck in my head, but I'll look for it and post when I find it. 

I looked this up. I see 50 years ago to today - 4400% gain for S&P 500, 1800% gain for gold, 700% gain for silver. So not even close to equal.

great comment! lets talk about my 2007 Ford F150 FX4 custom.....likely never buy another, so preserving it.    I'm 60 with multiple degrees.  My truck would go $75k new!

I caught CAMT after confirmed breakout, so far so good

Matt or Steve, would you pls comment on the pattern that I see on HYG:  "M" topping pattern, with July 13 and Sept 1 being the left and right shoulders of the "M." Is it not true that once the middle dip of the M is breached, you shouldn't see price go back above it, or much above it? If so, and if the pattern plays out, price should drop pretty quickly here, maybe after testing and failing at the 9ema - ? 

CAMT - Chart Link- had nice day

GPCR - Chart Link-

Thursday Newsletter

Technically I emailed yesterday that the RSI oversold took a long on ES/MES, but today it officially went long. Better prices yesterday though obviously

again a lot of sub systems are in positions across SPY and ES

Thanks - next levels above are 50 day MA at 22.60 and prior high 22.70

CORN daily and hourly

Hourly has cleared all the various moving averages

FED'S POWELL DOESN'T ADDRESS RATES OR ECONOMY OUTLOOK.

GOLD ?   some shares were firming up in the afternoon -  EQX,  AG   OR   NFGC  FSM,  DRD  ,  GDXU

Is this the low in TLT ?  seems to have bounced nicely . With a hammer 

IYT - morning star pattern on daily chart. A lot of resistance overhead, w/ various moving averages.

Note Powell speaks 4pm (non monetary related though) which is possible catalyst. 

ARM 60m ... nice back test and pop ...

Now that's more like it.

Thanks for all the charts guys 

i never thought we get this bounce going into the close. in SPX.

Powell 🙀. Should I hide under my desk ?