I don’t want to vote for Hillary or the Donald – but the only other real option, keeps blowing himself up:
If you don’t know what the Aleppo Moment was – here it is:
I think Gary has smoked a little to much of the weed his party wants to legalize – just painful to watch.
So I still don’t have anyone to vote for – lets just skip it and take a look at the market for the week:
The following table is based on the Z Option Market Analysis Tool – which determines if a market is trending by assigning a trending score from -3 to +3. This helps us keep our trading with the trend.
| Symbol | Description | Short Term Trend | Medium Term Trend |
| $DJI | Dow Jones Industrial Average | -3 | -3 |
| SPX | S&P 500 INDEX | -3 | -2 |
| RUT | RUSSELL 2000 INDEX | -2 | 1 |
| NDX | NASDAQ-100 INDEX INDEX | 1 | 3 |
| VIX | CBOE MARKET VOLATILITY INDEX | 2 | 3 |
| /ZB[Z6] | 30-Year U.S. Treasury Bond Futures,ETH | 3 | -1 |
| /ZN[Z6] | 10-Year U.S. Treasury Note Futures,ETH | 1 | -1 |
| /GC[Z6] | Gold Futures, ETH | -3 | -2 |
| /CL[V6] | Light Sweet Crude Oil Futures,ETH | 3 | 3 |
| /DX[Z6] | US Dollar Index Futures | 2 | -1 |
| $DJT | Dow Jones Transportation Average | 3 | 3 |
| XLK | SELECT SECTOR SPDR TRUST TECHNOLOGY SELECT INDEX | 3 | 3 |
| XLI | SELECT SECTOR SPDR TRUST INDUSTRIAL SELECT INDEX | 2 | 3 |
| XLY | SELECT SECTOR SPDR TRUST CONSUMER DIS SELECT INDEX | 0 | -3 |
| XLB | SELECT SECTOR SPDR TRUST MATERIALS SELECT SEC INDEX | -1 | -3 |
| XLE | SELECT SECTOR SPDR TRUST ENERGY SELECT INDEX | 2 | 3 |
| XLP | SELECT SECTOR SPDR TRUST CONSUMER STAPLES INDEX | -3 | -3 |
| XLV | SELECT SECTOR SPDR TRUST HEALTH CARE SELECT INDEX | -3 | -3 |
| XLU | SELECT SECTOR SPDR TRUST UTILITIES SELECT INDEX | -2 | -3 |
| XLF | SELECT SECTOR SPDR TRUST FINANCIAL SELECT SECTOR FUND | -3 | -2 |
Any market showing a 3 or a -3 is trending strongly – and should be factored into any options strategy you are contemplating.
Financials are down hard today – why? We are seeing the start of a banking crisis in Europe – starting with Deutsche Bank:
- Business Insider – Deutsche Bank is getting slammed again
How bad is the crisis?
Extra: What are the 7 things most likely to kill you? Hint – quit smoking and get some exercise – Stat!
- Business Insider – The 7 things most likely to kill you
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