Why the Market Didn’t Correct Today

Hint: it’s the same reason the “market” hasn’t corrected much at all for the past six weeks.  And, no, there’s no free lunch involved. The day started with some tragic news out of Brussels.  ISIS terrorists attacked innocent civilians at the airport and a metro station, killing dozens and wounding hundreds.  Brussels is the de … continue reading →

The Best Laid Plans

The best laid plans of mice and men Go often awry, And leave us nothing but grief and pain, For promised joy! Robert Burns, 1785 ORIGINAL POST:  6:45 AM EDT The wedges we’ve been watching on DX and EURUSD are playing out.  EURUSD has broken out… …and DX has broken down. But, it’s the USDJPY … continue reading →