Obama needs to get his priorities realigned. The country voted for change, yet he allows the Washington and Wall Street Insiders call the shots on seemingly everything and we are back to a bubble market again. It is about time…Continue Reading →
September 16th was an important long-term cycle date. The fact that the markets are holding around the area of that date is impressive and bears analysis. In the short-term sense the Stock and gold markets are overbought and will sell…Continue Reading →
Who would have thought it, a Geithner Rally, the light weight kid is positively giddy about the rally and thinks we now go for growth. If that is going to happen he had better get tough with all his banker…Continue Reading →
While Rome burns, everyone will be able to call each other and look for restaurants that are still open. The current knee-jerk rally in the stock market is a clear indication that most people don’t get it. Washington is wasting…Continue Reading →
While the summer vacation spirit wants to prevail, the magnitude of the stock market rally over the past week changes a lot of things over the long period. No longer are we looking for a summer trading range or a decline…Continue Reading →
To us it is quite simple. The US is still the big dog. Things are not going well here but if they don’t go well here they will be worse in the rest of the world, especially China and Europe. …Continue Reading →
unless he moves forward with vision and leaves the people stuck in the 80’s and 90’s in the dust. The article in the link here, found in the new July Harpers magazine, sums up in a powerful way where we are now,…Continue Reading →
After a quick glance at the charts this morning I would say it would appear that last year’s pattern may hold, where the gold stocks were the early indicators and the stock market followed it down by about 15 trading days….Continue Reading →
The stock market rally off the 666 S&P lows is in our opinion primarily a reflection of the big players being out of position. The capital structure of this country is being rebalanced. On the otherhand as we said early…Continue Reading →
The 822 support level on the S&P index and 903 resistance level on Gold are in play again today. The most likely result is the S&P will find support at 831 and then start a run up to the 915 level over…Continue Reading →