Thursday May 3

https://www.snb.ch/en/mmr/speeches/id/ref_20180503_tjn/source/ref_20180503_tjn.en.pdf Mr. Jordan from the SNB spoke about why money issued by a central bank as opposed to the government is better. Lately, I have been working hard dissociating observing the markets with predicting market action. Like everything, it helps us get a perspective on this specific part of life. While many of my observations seem to occur, it is not from predicting they will occur but from logical deduction. The best results always come from a margin of error. THe stock market is down for the year and the US dollar is rallying while China and US speak on trade. But over time its flat for several months. What has interested me the past few days was the multiple days a trend occurs and if we can apply "oversold" on these conditions.