I have always found the Granville Onbalance Volume indicator a reliable piece of information to follow during periods when volume is at odds with direction. What we have been seeing since late July is that upside volume has been more…Continue Reading →
It escapes me why the inevitable end to the standoff is bullish or bearish. It would seem that the discussion will go back to the consumer and the fact that what ever the Washington deal, the long term trend is…Continue Reading →
A late post on Reuters yesterday: http://blogs.reuters.com/great-debate/2013/10/10/the-budget-is-its-own-debt-ceiling/
The current effort to kick the can down the road for a few months is offering those who did not take action in the Septemeber 12th to September 18th topping period, when the S&P traded between 1682 and 1729, a…Continue Reading →
With todays announcement of Janet Yellen as the new FED Chair nominee we are hearing the media talk about continuity, more of the same. Is that true? Maybe one thing to think about is her willingness to follow Ben’s inclination…Continue Reading →
Yesterday an article appeared in the NYT that really clicked for me. What I take from it is a confirmation that things are changing and what we have been seeing and talking about are real. These are big changes and…Continue Reading →
We all know what is at stake in this country at the moment. It is the Affordable Care Act and the fact that conservatives will go to any length to try and stop it. The financial media wants to make…Continue Reading →
No one in his or her right mind wants to cause an accident. Here we are talking about the risk of setting off a economic accident, a depression. The current face-off between the Republicans and Democrats is a high stakes…Continue Reading →
What we are taking to heart is the decline in gold prices, another indication of the fact that deflation is the number one concern. Shutting down the government does not cause an instant stock market crash, it is just part…Continue Reading →