A place where a skillful caddy always offers cool contemplation when it comes to your "stick" selection.
Creditcane™: I have become cocoa. We have a pretty good idea of what will happen if chocolate gets too expensive.
SPXSpinning top day (failed to confirm shooting star). Midpoint above EMA(10). Above all SMA's. Above the 14.6% retrace (1319.09). New high on daily 3LB (reversal is 1319.44). QE2infinity. "JBTFD. Don't question it. Just do it."
DXYBullish short day. Midpoint below EMA(10). Held the 0.0% retrace (75.63) from 11/4/10. Below all SMA's. No daily 3LB changes (reversal is 76.33).
VIXSpinning top day (please don't be an evening star in a downtrend). Midpoint below EMA(10). Still below all SMA's. No daily 3LB changes (reversal is 18.00). Still in the "no fear" zone.
GOLDBullish short day. Midpoint above EMA(10). No test of 0.0% retrace. Still above SMA(21). No daily 3LB changes (reversal is 1394.10). Holding above upper trend line. Must have the precious.
AUDJPYBearish thrusting day. Midpoint above EMA(10). Currently above all SMA's. No daily 3LB changes (reversal is 0.8406).
JNKBullish long day (closed gap with a vengeance). Midpoint below EMA(10). Back above SMA(21,55,89). Closed back above its 50.0% retrace (40.42). Still below lower trend line. No daily 3LB changes (reversal is 40.52).
IQIBullish short day. Midpoint above EMA(10). Still above SMA(89). Holding above its 23.6% retrace (11.68). No daily 3LB changes (reversal is 12.30). Still above its weekly 3LB mid (11.76).
10YR YIELDHammer day. No test of 0.0% retrace at 37.44. Still below SMA(55). Midpoint above EMA(10). Held the upper trend line. No daily 3LB changes (reversal is 34.04).
WTIDoji day (an evening doji star?). Still above all SMA's. Midpoint above EMA(10). Made a new 0.0% retrace. New high on dally 3LB (reversal is 105.39).
SILVERBullish long day. Still above all SMA's. Midpoint above EMA(10). Made a new 0.0% retrace. Holding upper trend line. New high on daily 3LB (reversal is 37.38).
AAPLBearish short day. Tested and held SMA(89). Midpoint below EMA(10). No daily 3LB changes (reversal is 359.90).
~~~~~~~~~~~~~~~~
Additional Snapshot of Silver
21 comments:
NEW YORK, NY – Processors of center-plate protein – poultry, beef, pork and seafood – at the retail level have been getting a sales boost from American consumers who are economizing by cooking and eating more at home. This trend is also growing stronger by those consumers who perceive homemade meals are healthier than restaurant food.
As a result, sales of dinner center-plate proteins slowly increased from 2006 to 2010, according to market research publisher Packaged Facts in What's For Dinner 2011: Trends in Center of Plate. Sales of dinner center-plate proteins surpassed $5 billion in 2010, the publisher estimates. Sales were also strongest in 2010, when they increased 4%, a little higher than the 3% compound annual growth rate registered during the period. Through 2015, modest but steady growth is forecast even as consumers begin to gradually dine out more.
"We expect sales growth to continue at 4% annually for the next three years, benefiting from the strengthening economy but facing increased restaurant competition as that channel also reaps the rewards of US consumers loosening their purse strings," said Don Montuori, publisher of “Packaged Facts.” "By 2014, sales will begin to moderate, with 3.5% annual growth in 2014 and 2015 bringing US retail sales to slightly more than $6 billion."
Leading each of the meat, poultry and seafood categories are private-label products sold at supermarket butcher counters or pre-wrapped in the meat case. Private-label protein products have been used by grocers to attract customers and create differentiation in a crowded retail marketplace. Since consumers have flocked to private-label offerings more than they have to those marketed as "upscale", this further signifies the economy remains “tentative.” Consumers want value and they are not as easily wooed by fanciness, Montuori said...."
http://www.meatpoultry.com/News/News%20Home/Trends/2011/4/At-home%20dining%20boosts%20retail%20sales%20of%20meat%20poultry.aspx
AAIP
Yen back below its weekly 3LB reversal price.
http://online.wsj.com/article/SB10001424052748703410604576216830941163492.html?mod=WSJ_hp_MIDDLENexttoWhatsNewsTop
Fed's Low Interest Rates Crack Retirees' Nest Eggs .
...Well, better late to the party than not to have realized there was one...how long have we been driving home this point here?
http://www.ft.com/cms/s/0/31a27c4a-5ee3-11e0-a2d7-00144feab49a.html?ftcamp=rss
Fears for Lisbon as yields near 10%
...There seems to be plenty of time for Portugal to lose the match....Heck, I think the next game will involve Spain, and there is going to be free popcorn for that one, I hear...
I do hope Bernanke et al, when they arrive in hell, do get poked every few minutes in the arse by retirees who ate cat food in their last few remaining years....it should liven up the place....!
@BinT
catfood bitchez!
CV just got 3 acres more acres right on the Potomac...
CATFISH BITCHEZ!
http://www.bullfax.com/?q=node-indebted-portugals-10-year-bond-yield-hits-new-record
Debt crisis pushes Portugal's bond yield higher (AP)
AP - The yield on Portugal's 10-year bonds is rising for the 10th straight session and has reached a new record high of 8.56 percent.
Spanish, Portuguese bond rates hit record levels
Tensions rose on eurozone bond markets on Monday with Spanish and Portuguese debt rates hitting record levels ahead of a critical week of debt issues amid concerns that another bailout may be looming.The rate or yield on Spanish 10-year debt hit 5.562 percent from 5.526 percent on Friday at the close, the highest rate since 2000, before dropping to 5.554 percent at midday.The rate on Portuguese 10-year debt rose to 7.139 percent from the closing value on Friday, when it reached a record of 7.193 percent during trading.
...With the decline by the Spanish president for a 4th term, the party actually could just be starting...
CV:
expanding your land ownership position?
Funny coincidence...my boss, who owns orange groves in Florida, and who sold good acreage in 2007, is buy some property back there.
People who are "liquid," and smart, are dabbling back in.
Tiger Woods drops to #7 in the World Rankings.
Bwahahahahahahahah.
And yet, he's still one of Vegas' favorites in the Masters.
Amazing.
AR: Interesting to me that that APPLE's 144d average comes in at 323 ish and is rising....that zone in the low 320's is going to be "important."
I tossed my daily take on Silver at the end of AR's good "wrap." Hopefully Mr. AR won't mind an additional chart here and there at the end of some of his good work.
Go Butler!
cv--
here's one for you..
http://financialsense.com/contributors/richard-mills/nickel-and-cobalt
AAIP
btw, are you going to 'trim up' those Acres, so that the Trees you thin can dry/season?
@Andy
Yes... Moving UP in the land ownership category... Out of "stocks" for about 8 months now (until the MADNESS dissolves)...
These 3 acres are VERY strategic... Practically the steal of a lifetime...
Gonna watch Butler & UConn (in your backyard) 2nite... Actually watching it now... Nobody is hitting any shots so far...
Nerves!
@AAIP
I counted 3 dozen 'very mature' CEDAR trees on the property...
Very useful... CEDAR... Hadn't owned property with those before...
@Andy
It's funny... I wasn't really looking... (well - I was looking for a couple of acres - but not like this)...
It kinda fell into my lap... When I saw what it was, I couldn't believe it... It had to happen... Impossible to pass up...
It seems like the best time to buy anything is when you're not really looking for it.....I.e. A car, house, property, stocks...
Horrible shooting in this game.
Did you guys hear someone yell, "What the Fuck," during the game? With all of the microphones, this is becoming more frequent during sporting events.
Size.
Was a huge difference in that Game.
AAIP
AAIP
The one thing that bothered me the most was that no one was driving to the hole. They would make a move to the basket and kick it back out.
AR,
yes, that did occur, a lot..
must have seemed like climbing Trees -- to get to 'the Hole'..
was a tough, hard-fought, Game, not too sure that the ref.s weren't 'swallowing the Whistle', when it came to Butler getting bludgeoned..but, anyway, they were, seriously, outsized..
Matt Howard is a, tremendously, gutty Player, though..
wonder if he'll get a go in 'the Association'..
AAIP
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