Before we talk about Macro Signals, first we probably should mention The Mad Money CNBC Man, Cramer. Markets like this bring out the worst in him. If you watched him in late 1999 and early 2000, read his book “Getting…Continue Reading →
Archive for June 2015
The Macro warning signals in the stock market and the economy that have been recognized over the past couple of years appear to be close to triggering. I continue of the opinion that the FED will not be the cause…Continue Reading →
In order to have bubbles you need moisture and air. This market has plenty of air, view the on-balance volume indicators, rallys on little volume. We are witnessing the end of artificial economics and by extension artificial markets. In essence…Continue Reading →
Everyone knows we are sitting on trouble, but no one wants to get off. This is getting more interesting as Macro technical market indicators have stalled.
Kind of an interesting FED meeting and Yellen Press Conference. Bottomline: 1) they don’t want to admit QE-2 and QE-3 didn’t work. 2) They have no forecast as to when ” Normal returns”, everything is data dependent. 3) The economy…Continue Reading →
This article from Bloomberg News carried by Zerohedge today bears being passed on: http://www.bloomberg.com/news/articles/2015-06-17/you-ve-been-warned-central-bankers-turning-less-market-friendly As we move into a new place in economic history after seven years of manipulation, the Macro Technical indicators may be the only place to hide,…Continue Reading →
He has accomplished much in the past 6 years, Affordable Care Act being number 1, pulling the economy out of the hole in 2009, number 2. On the other hand he has let his Ivy league Wall Street friends lead…Continue Reading →
The fast money Three Horsemen Index had two days above the upside breakout point pierced at 9:30 AM on Wednesday at 105.38, with a high of 106.24 at 9:30 AM yesterday. Now it has gone slightly under the breakout point…Continue Reading →
Yesterday’s market rally should have convinced you, there is big money that makes stock market price levels work. The level of the market lows on Tuesday had to be held or we would have seen a big break down in…Continue Reading →
Early on stocks have sold down into an area that would become dangerous to the bulls if breached on a close today. Three Horsemen trying to hold above 103.48, 103.67 at the moment.