This is not a new revelation by us for this phase of the 2000 to 2017 economic cycle. You can look back to our comments in 2009 when we were advocating a much bigger infrastructure buildout that would have put…Continue Reading →
The May – October rolling top continues to unfold. Last Wednesday we saw a test of the 1635/1641 swing area on the S&P. At the moment rallys to the 1677 area should suffice. A close under 1635 would point to…Continue Reading →
Try thinking of the FED as a gun shop that farms out the manufacturing of its most crucial component, the trigger. At the moment a majority of market players believe that the FED is working on the trigger inhouse, i.e….Continue Reading →
Back on May 6th we spoke of the May – October top that we have seen twice previously in the past 20 years. Based on the S&P 500 which was 1615 then, we have since seen a high of 1710…Continue Reading →