I have been asked about our market call on September 18th, “The Perfect Ending”ie, what was it based on? The answer could be long or short, the long answer is read all of our posts since QE3 was triggered two…Continue Reading →
Yesterday three levels of our five level technical signal envelope on stocks (S&P) turned bearish. This is our technical system mentioned in the September 17 post. Level I is a 24 hour day trade program that changes signals on average…Continue Reading →
We continue to feel that risk-off market positions are the direction to be followed. The recent tight trading box on the S&P between 1990 and 2011 price levels remains a prominent technical factor with the Swing Point being 2000.64. The…Continue Reading →
The little trading box built between August 25th and September 8th on the S&P, prices of 1990 to 2011, has set up a bit of commotion, with the 1990 low being taken out by 11 points down to 1979 since….Continue Reading →
This blog post will be a little long and eventually will probably be moved to the front page of our website. It contains our essential view of what has happened over the past 14 years and the probabilities moving forward…Continue Reading →
One of the newest inhouse indexes that I watch is what I call, for the lack of anything better, the CNBC Cramer Hot Tech Index. It is made up of 5 stocks TWTR, NFLX, GPRO, TSLA, and FB. I watch this…Continue Reading →
Our proprietary Risk On/Risk Off Index topped out on 9/5/14. This was the first signal since the start of the last cycle of Risk On indicated on 8/27/13. The Index rose 23 % during that cycle. Components of the index…Continue Reading →
It feels like investors and the stock markets are caught in no-mans land. To me the markets seem surreal at this point, as well they should be as the September 15 – October 15 critical juncture nears. To give me…Continue Reading →
To me it is amzing to see stock market investors be totally certain of higher markets, the percentage of bears is currently at extremely low levels according to reports, and yet I don’t think I have seen more uncertainty in years….Continue Reading →
The US Dollar versus Japan and Europe is rising to a point where things could start to have real market consequences. See seekingalpha link from 18 months ago on currency effects: http://seekingalpha.com/article/1224021-the-rising-u-s-dollar-what-it-means-to-the-economy-and-to-investors In the meantime, I am back from vacation and we have…Continue Reading →