Silver....... iit does not "feel" strong to me, but feelings are not the best advisor. In fact silver does look quite similar to 2002 before it started climbing... maybe this Dolly Parton stock has some energy left for the next couple of years.....

Short candidate: TSLA. MA's bearishly alined

This sucker is overvalued anyway.......

VIX at 8.97. There has NEVER been a close below 9.

VIX not supporting Rally

Longs should be careful....

Of course I sold yesterday. I was told that I should not hold into earnings   

KR will announce earnings tomorrow before open

Swiss National Bank (SNB) decided to renounce the hard barrier on the Euro and Swiss Frank currency pair. So the Swiss Frank skyrocketed against all other curreny pairs, and stock markets took a dive.

Everything reversed a bit by now. Could be  a non-event for you guys, but certailly not for the Swiss. Within minutes the SNB took a loss of over 100 Billions. With swiss stock markets down 10 % and foreign currencies down 15 %, the swiss people got fucked by their own central bank. In my opinion we are not the only ones but you just have not realised it yet ....

Maybe it is the start of something bigger but as I said before, the rest of the world can do business as usual.

And be prepared for swiss tourists out there.... it never has been cheaper to travel....

Als long as EUR/USD can't break the trendline, there will be no turn in Gold and stocks. To me it seems that at least another leg down to complete the wedge is missing. A turn in USD, GOLD and stocks could occur after Christmas/January.

Means even more money printing all over the world. Stocks market will appreciate it. The worse the economy, the better for stockholders. Suppose that will change at some point but probably not this time of season...

....strong is different.....

... but not bad news for the markets. Less growth means more printing. Bad day for average John, probably a good day for the bankers with markets going up?

D has been on the watch list and broke out a couple of days ago. I'm probably not the only one who bought D.....

Still looks good to me but earnings will come out tomorrow!!!! Be aware!

Time to show again my chart of the Q's.....

It's a  bullish season and one would expect further gains til may, but this does not look good.....

At the moment still a backtest of trendline. In case the Q's are losing the ma's right below it could be bears time

maybe still too early for miners.

Could be that they are bottoming here but it looks like a bear flag to me, like SLW on the chart. Suppose bullish in case 9 ma can be broken

i don't know if it makes sense to draw such a channel which was broken once in this log chart. But it seems to me the Q's are getting tired. The channel was broken in feb but recovered quickly to new highs. But the upper channel-line has not been reached. the train is losing steam. I vote for a h&s. Would mean the top is in with the last chance to sell in may. Maybe sort of a backtest now? To the line or MA's or a little more upside to form a rounded top?

Seems to me that thw Q's are a short between 89 and 90.50 $ with target 84$ and more over time

Just one step and still a lot of work to do for the bulls....

Economy and copper are positively related. I believe it used to be that stock market had something to to with economy  but those times are over or better now there seems to be a negative ralation. A poor economy leads to lower copper prices (at the moment china concerns?) but that leeds to more QE and money printing which fuels the stock market.

http://bullmarketthinking.com/wp-content/uploads/2013/03/dow-ratio-chart-21.jpg

 Can it be that the US FED can influence gold and stock prices?

Who cares about a bottom now or end of month....