We continue to view volume/price action (Granville’s On Balance Volume Indicator) as important in this aging Cyclical Bull Move (within the Secular Bear Move). This indicator shows the following in terms of OBV numbers: S&P 500 …Continue Reading →
We saw a little sell off in the market yesterday and the craziness of the thinking was interesting to say the least. CNBC visiting guru Jim Paulson said it all when he said “we may have made a major top”…Continue Reading →
Here is an updated look at the six Macro Waves we monitor: WAVE DIRECTION COMMENTS Stocks UP …Continue Reading →
The three stocks that the hot money is pushing to try to get the upside breakout going, see May 19th post, GS, SBUX, and AAPL are getting a lot of attention today, watch them for a clue to when the…Continue Reading →
Normally bull markets end with what I call a “hammerhead top”, a maneuver that you see at a air show, the plane goes straight up until the prop cannot pull any more air, the plane slides back down for a…Continue Reading →
In our April 13th we spoke of our measurement of market attitudes and the fact that on April 2, the bullish divergence hit it’s highest level since November 24, 2008 a time when the crash was well in place but…Continue Reading →
I went to a Men’s retreat over the past weekend. The New Normal was the topic to be discussed. Many aspects were covered that affect our lives. A few that intrigue me are: 1) more money is spent on communications…Continue Reading →
Growing up on a farm provides one with a lot of rich sayings, my dad’s favorite when we were growing up was, “were you born in a barn ?” when we you did something wrong around the house. Free Range…Continue Reading →
With the breakdown of the June T-Bond chart a week ago we see a confirmed top in Bonds, a top that was reached as discussed previously in February at 166. While there is a lot of discussion of whether or…Continue Reading →
In my opinion, yes if we look at real assets. In analyzing price indexes for various types of commodities, one index we use to give us a snapshot, is an index made up of copper, lumber, and gold, real stuff…Continue Reading →