Friday, July 7, 2017

Weekend At Bernie's

I adjusted the Nasdaq count following today's payrolls rally...

Alternating daily rallies and declines for 8 sessions and four tests of the support line:

Oil rolled over hard again this week, along with commodities

Banks started to roll over again...

The dollar is getting shellacked as global Central Banks play catch-up with tightening...

The chart of the week of course is this one:

Bitstamp, $USD

The 50 day is rising for the inevitable cross-over...

Recession stocks got monkey hammered this week


Campbell Soup

General Mills