Listen to an interview with Billy Lee discussing the financial markets on Commodity Wrap with Alexandra Lively
Crude Analysis of Crude: I Enter the Center of the Cycle!
(There is an old rap song written and performed by Nine in the 1990’s. It was called “The Cypha”. In rap parlance, the cypher is where you find yourself if you are bold enough to freestyle or battle rap. One rapper after another in the “cypher” takes turns attempting to convey rap skill superiority. Follow…
Janet Yellin: Fed Steering
A Harsh Winter in Chicago Provokes Thoughts on the Economy; Warm Up With Thoreau
The beginning of another harsh winter in Chicago, more than halfway through what is predicted to be our first full week of sub-freezing temperatures, forced me to recall what Henry David Thoreau wrote about heat and the economy. The major theme of the understanding of the markets that the Mixed Market Artist attempts to provide is probably…
Technicals Inform the Fundamental: QE4-ever?
It is amazing how technical analysis can inform us of the fundamentals! Recently, a look at the 30 year futures proved very interesting. Take a look back at the entry, BIG PICTURE ANALYSIS OF 30 YEAR FUTURES: UP WHERE THE AIR IS THIN, and see the several interesting questions that the chart begged to be asked. At that…
This One is Obvious: Next Level of Support in the S and P 500 Futures
After observing the technical analysis of the last post on the S and P 500 futures, observe the next level where we might expect to see consolidation – around the psychological 1900 price point. Observe where the rectangle is drawn in the chart. Failing to consolidate at this level should portend a continued sell-off.
The Wolf of Wall Street: What Big Teeth You Have! The Easier to Degrade America With.
The wolf is an animal – known for its primal nature. The wolf does not attack the well adapted. The wolf hunts and preys upon the weak. Man is not an animal. Man can reason. The rational mind separates Man from the animal kingdom. Choice in possession of a human being is all together different than choice possessed…
Will the Stock Market Gather Support?
Take a look at the trend channel and the ellipses drawn into the weekly chart of the Standard and Poor 500 futures chart. The rally of 2013 pictured in the chart sure does appear very persistent and orderly! (Easy money policy works?) Failing to rally this week will bring us closer to penetrating the bottom trend-line at 1950.50. Obviously,…
Dazzling Dollar vs Euro Move! (See the Big Picture)
Are European vacations becoming affordable again? The highly touted common currency floated by the European Union just over a decade ago looks to be headed back to its roots. Many have talked or written about the current strength of the dollar versus the euro, but few resources will as dramatically present the recent thrashing as…
Big Picture Analysis of 30 Year Futures: Up Where the Air is Thin
A look at the quarterly and monthly charts of the 30 year futures contract tells a big story. Thirty year futures retraced rather vigorously throughout all of 2013. Our quarterly chart below shows five consecutive quarters where 30 year futures close lower (from the last quarter of 2012 to the fourth quarter of 2013). Signs of…