The market is trying to say today that the Walmart crash is about the effect of a strong dollar. This could push the dollar index down to the low 90’s, but the Dollar Macro is still pointing higher. In reality…Continue Reading →
With all the talk about commodity bottoms occurring in Oil, Copper, Grains, even the precious commodity Gold, it may be time to take a look at one of these markets. Back in our blog of February 10, 2015 we mentioned…Continue Reading →
Six weeks late. This morning he was in rare form, declaring we have seen the top in the dollar, and the bottom in stocks and oil. He also mentioned that Icahn getting bearish a couple of weeks ago was another…Continue Reading →
If one takes a look at the ten major sectors rated by macro trend, 1 being the most bearish, 10 the least bearish (all are in downtrend), we find that the most bearish have had the biggest short term rally as…Continue Reading →
Today on Bloomberg Larry Summers went on a rant about no inflation and the weak global economy. He then goes on to say that the FED cannot raise rates because of those facts, which are probably true, even though the…Continue Reading →
In 1998 the S&P Index dropped 22 percent from a July high to an October low. Then went on to make a new all time high in November. This was during the Russian and Brazilian plus Long Term Capital Management…Continue Reading →
With the S&P stock market index back above the 1950 swing point level the FED will more than likely raise rates at the October meeting. This will be especially true if the market can snug up and hold near 2000…Continue Reading →
It feels like we have a broad even numbers trading range in the S&P now. That range is 1860 to 2040 at the extremes, with a swing point at 1950. The top is in, now it is just a matter…Continue Reading →