‘Copper’ Archive

These four assets reflect no pressure on Janet to raise rates!

highpressurepic

Will the Fed raise rates or not? The media is spewing speculation almost by the minute, about what the Fed will do in regards to interest rates.

Is the Fed seeing things that would suggest they need to raise rates? We all are aware the Fed looks at tons of indicators.

Speaking of indicators, the …

Fed pumping not having success here!

crudecopperfedpumpingbreakingsupportaug13

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Rumor has it that the Fed has been pumping money into the economy, hoping to get some growth and inflate a few different assets.

The two charts above look at Crude Oil and Copper, going back 20-years for each asset.

Some will say that stocks are near all-time highs due …

Google creates topping pattern like 2007, same results again?

joefridaygooglereversalpatternmarketpeakjuly24

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Google rallied strongly from 2005 until 2007, gaining over 100% in this short time frame. In 2007, it created a reversal pattern (bearish wick) at (1), which ended up being an important high. After that reversal pattern, Google and the S&P 500 were both cut in half.

Of late Googles …