Contributing Factor Numer 1: Cheap money for banks Yesterday the Fed remphasized the approach of leaving interest rates for the banks at zero for the forseable future. It is well known that this is to allow banks to play games…Continue Reading →
From time to time I will be adding some ETF trend indications that I monitor with technical indicators developed by us over the past 30 years and applied to some 140 ETF’s. It should be obvious fighting the trend since last July,…Continue Reading →
Broad reform, reform that wrings the excesses out of the democratic process, takes time. It started with Health Care, now it is Financial structure, next it will be Climate Change, and lastly it will be Immigration, all to be completed…Continue Reading →
While we know that there is a greater desire on the part of some consumers to have an Ipad rather than pay the mortgage, this will go away and a return to basics, ie the financial bubble trail will return. We…Continue Reading →
That is the low for the XLF financial ETF on July 15, 2008, the first move down in the big crash. In the very short-term measurement of this little mini-bounce from last Friday’s decline it is an important level to…Continue Reading →
Classical Long Term Cycle retracement bounce levels in which the primary downtrend trend remains in place are commonly measured by the so called Fibonacci Ratios of a minimum of 23.6 percent and a maximum of 61.8 percent bounce. Last Thursday’s…Continue Reading →
This is the latest addition to the long list that started in late 2008. One can debate for a long time as to what would have happened if no entity had been saved including any bank. There is no doubt…Continue Reading →
The current Long 17.6 year cycle started in March 2000. Before commodities peaked in this cycle in 2008 we saw Oil go up five times. Stocks gyrated around and peaked in 2007. The markets that I consider kind of the…Continue Reading →
The chart below shows our Performance in the Marketocracy Tracking Portfolios that we have maintained since June 2002. The chart is through March 31, 2010 and is on a quarterly basis, the green line being the S&P 500, the blue…Continue Reading →