Jamie Dimon And I Were Both Wrong On The 10 Yr Note Yield

Eight months ago, JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said that the likelihood of the 10-year U.S. Treasury yield reaching 5 percent was “a higher probability than most people think.” Presumably, that was based on solid economic growth and further interest-rate increases from the Federal Reserve and other central banks.

But it’s nevertheless noteworthy to see him backtrack now that 10-year yields have dropped to 2.5 percent and a much-watched portion of the curve has inverted for the first time since before the last recession. From his letter:

“10-year bond spreads have been suppressed in some way by the

Ethereum Breaking Out on No Volume, Meh.

As you can see from the title I’m a bit of a skeptic on Ethereum’s move through resistance today.
At the time of this writing we still have more than an hour before the daily candle closes so I guess we need to see if price even ends above that $168 area.
Test and Break?
Crypto’s move last week saw ETH poke above this level only to get rejected.  Since then price consolidated for a few days and is now making that breakout push.
Normally I’d be loving it, but the lack of volume doesn’t make me all that excited although the move does

The Positive Grind Higher in Crypto

Bitcoin is grinding higher. After the igniting bar crypto is showing some strength and power. I love it. It still isn’t being talked much about on CNBC or in the news like it was meaning we are moving higher. Check this chart out. Looking like a beauty.

Bitcoin is showing nothing more than strength with higher lows and grinding up. This strength is persistent too. I am expecting new six month highs again soon…

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Forex Price Action Baby, No Technicals or Fundamentals…1Q 2019 Review

Forex Price Action Baby, No Technicals or Fundamentals…Trade #9 – Sold EUR/CAD (3/6/19)

However, I was stopped out of the trade several hours later by one tick before price starting moving in my favor.

And price eventually hit my target.

Forex Price Action Baby, No Technicals or Fundamentals…Trade #7 – Bought USD/CAD (2/25/19)

I really must give my trades more of an opportunity to work out, as I’m risking only 10 pips and could have easily been stopped out. However, on the flip side, it means that my Reward to Risk are extremely high…if I can withstand the many stop outs. I’m sure


Looks like sentiments are beginning to be more bullish after the price crossover of the 200 MA. On 4hr chart, still consolidating within the possible mini ascending triangle. Still waiting for the pullback at least testing the 200 MA again. It may repeat the previous 2014-2015 period when it cross the 200 MA went a little higher then pullback to test 200 follow by dipping below before the bull run.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
Network Value to Transactions Ratio :114
Total marketcap :179
Dominance :50.6
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :

Stay Away From Campbell Soup

I came across an article on Yahoo Finance about Campbell Soup that highlighted the following:

Campbell’s cost-saving endeavors and the aforementioned drivers should help it stay protected. Incidentally, in the second quarter, the company generated savings worth $50 million as part of its multi-year cost-savings program. Further, management anticipates to generate cumulative annualized savings of $945 million by fiscal 2022 end. These factors along with Campbell’s prudent investments and efforts toward product innovation and brand building are likely to boost profitability and enable it to stay in investors’ good books.


But this is why you should stay away from Campbell Soup. But

Still Not Feeling Housing

I dare to say I have been the biggest bear on the housing market on this blockchain.  It all started with Toll Brothers in mid 2018 when I said to sell on the good news.

Toll Brothers Bottomed Out…..NOT

Toll Brothers Bottomed Out…..NOT – Part II

But thanks to Fed Powell putting interest rate hikes on hold and the housing sector being oversold, sentiments was bound to change.  And now that it’s Spring, the peak time for home sellers, which last from March until May-June.  But it’s not just about the sellers, the buyers need some love too.


Blue Eyes

The Ragdoll saying hello..

Camera ~ LensMoto 4g Plus Phone

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Crypto Contest April 7: WAX

WAX (Bittrex: WAXETH) has broken out of the triangle pattern in the daily chart.

(Chart courtesy of Tradingview.com (log scale))

Elliott Wave Analysis

In Elliott Wave terms, WAX began a wave one advance on February 17. The red wave one finished on February 18, and the red wave two correction ended on February 24. The red wave three advance finished on March 14, and the red wave four correction ended on April 3. If this wave count is correct, WAX should be heading next towards the March 14 peak in the red wave five.

(Chart courtesy of Tradingview.com (log scale))

Zooming out in the daily