Happy Thanksgiving

I want wish all our members a safe and enjoyable holiday. We will take Friday off and be back on Monday, Nov 28.

Markets staged a little celebration of their own yesterday, with ES slipping back up above the 10-day moving average and 3.618 Fib – a gizzard’s throw away from the 200-day.

Otherwise, not much drama around the dinner table other than XLE failing again at its 93.31 double top as a rather inebriated CL stumbled and fell. The divergence is really quite stunning.

Durable goods came in much stronger than expected. Keep in mind that new home sales and Michigan sentiment will be released at 10am and Oct Fed minutes at 2pm.

continued for members


Sorry, this content is for members only.

Click here to get access.


Already a member? Login below

Remember me (for 2 weeks)

Forgot Password