Today we are seeing the bounce off the 200 day average after confirmation of the top last week. There will be a lot of talk about the tariff’s, what they are and what they are not, but the fact remains…Continue Reading →
Market Players are Blinking While good durable goods numbers came out this morning, the real factors to watch are trade and discretionary spending going forward. The durable goods numbers are still a holdover of the tax cut buildout. We are…Continue Reading →
January 25, 2018 was the S&P Stock Market High. We call this the Pivot Day. Since that high we have been watching the stock market puzzle unfold, the initial decline, the bounce rally, the indecision volatility, and now over the…Continue Reading →
What Eureka-Perspective is about – Protection It is always easy to get caught up in process or cause, I know it is easy and I do it too much. Keeping it simple and accepting that economic policies around the world…Continue Reading →
If I had not been born on this day in 1943, I might have had a different title today, maybe “Waiting for the Accident”, as the current political scene seems to be setting up for something, although not today as…Continue Reading →
As mentioned yesterday, this is an important week. For our scenario to play out in the S&P we are looking for higher early in the week and lower later in the week. So we are being patient and watching the…Continue Reading →
We continue to hone in on weekly performance of the S&P. Last week was an inside week, both the highs and lows were within the range of the previous week. If our belief that we have been seeing a top…Continue Reading →
As the FED and markets continue to jockey for the accelerated growth they anticipate, we see indications that that the First Quarter GDP that we are 2/3 through may be the high growth rate of the year, and maybe even…Continue Reading →
The Level of Madness The market for the past few days has been marking time as everyone tries to assess the state of the madness. The Macro feature “The Fracture” (decline in stocks, rally in gold and bonds) is building…Continue Reading →
The Overall Situation As we watch this coming week unfold probably the most important thing for 98 percent of investors is to rethink buy and hold which has worked for the past nine years. While I know that the party…Continue Reading →