For Those That Want To Know What I’m Watching

There’s been a lot I could say about the recent news and moves concerning these “markets.” However, I’ve really been lax in stating any of it as for reasons I’ve posted prior. i.e., If the “market” keeps going up, as my great-grandmother would say, “No one gives a horse’s patoot.” Plain and simple, so why waste the digital ink.

Yet, for those of you that do want to know. The best way I could express it is, as always, with a simple chart that pretty much explains it all. It’s what I’m primarily focused on to the exclusion of all else, and it’s self explanatory. To wit:

The above is an updated version of the one I’ve been touting for awhile now. It’s the S&P 500™ via one hour increments.

As I alluded to prior – it speaks for itself as to what and where, I believe, things may begin to shake out if more of the current issues (such as bank liquidity and other finance issues) begin taking on a life of their own.

As always, we shall see.

Note: This commentary is for education purposes only and is not to be construed as trading or investing advice of any sort. These commentaries/opinions are for “big picture” discussion purposes only. Please read, or re-read the “About This Site” page for any questions or clarifications.