Over the long holiday weekend I reviewed various of our cycle charts and chart updates from the Chartstore.com. Those charts along with our longterm trading computer model point to a big risk of a captitulation move down to the 1100…Continue Reading →
A pre-holiday session. For the S&P we see an early rally because there have been no surprises so far this morning, the 1260 to 1290 area is kind of a no-mans zone, a close outside of this area would be…Continue Reading →
We are living with the financial equivalent of the Axis of Incompentency. Incompetent not because they are dumb, they are probably three smart guys, two very smart, and one ok smart, but incompetent because their actions are not beneficial to the…Continue Reading →
Tomorrow will be an interesting indicator of what this stock market is made of:Â 1) the employment report is expected to offer more bad news;Â 2) the ECB is expected to raise short-term interest rates;Â and 3) tomorrow is the…Continue Reading →
As our comments early yesterday morning illustrate, we are not immune to the emotion of the moment. The latest oil market spurt above 140 has had its effect on our timing, but we are stubborn and continue to believe that the…Continue Reading →
The following numbers are as of the end of the second quarter 6/30/08.                          A Comparison of     Eureka Marketocracy Portfolio and the S&P 500                          (Percent Change)                                    Eureka                 S&P 500 Last week                  (0.017)                     (0.029) Last Month             …Continue Reading →
We do not see anything new to add to yesterday’s perspective comments. It may be that we will all have to wait until the current administration is out of office in order to get oil lower. 8:07 AM CDT