The Long Story One only has to look back to the April 2011 Bernanke QE2 announcement, that is when the US decided that it was not going to use stiff measures to punish the offenders that created the setup for…Continue Reading →
The Big Picture The picture we outlined last week holds, the S&P volatility is still here, the F-3 Fracture chart is back up again into the 35-45 swing area, the rate curve continues to flatten, and the 50 / 200…Continue Reading →
A combination of technical factors are falling into place on the Stock Market. The January 26, Fracture Date, the October 25th Swing Cycle trigger with a 2125 downside price target on the S&P, and finally the Macro Cycle K-Trade signal…Continue Reading →
The Big Question for the Markets after the Midterms Will a Democratic controlled House be a big spender or a deficit focused entity ? Will this younger generation demand roll backs of the free give aways of the last two…Continue Reading →
The S&P index quickly popped above the 2776 swing point of a wide trading consolidation area of 2688 to 2844. We are using the 2810 to 2844 top quartile of the range to establish or add to shorts.
Gong Day Today could be the day that the gong sounds. Stocks are losing to a whole bunch of things. Versus, gold, commodities, even high yield bonds, the market stinks. See one of these charts below, S&P is blue line….Continue Reading →
Euphoria In the midst of the euphoria this morning on stock prices, here is a look at what has occurred over the past six months as the Fracture that unfolded between January and March went into a holding pattern over…Continue Reading →
Unless you are day trader or you are getting out of your long positions, today’s new highs in the S&P are meaningless. Various Fed indicators are starting to show the effects of a one-sided tax influenced spurt. I look for…Continue Reading →
First let me say that I believe the Trump administration is right in trying to even the playing field with China, we have talked about this for years. What I do have a big problem with is how they are…Continue Reading →
The big stage of the Fracture is just beginning. To confirm this chart signal, Gold needs to find a floor. Remember we like to live in the Macro world where patience is the number one factor. I guess we needed…Continue Reading →