What is behind this? There seems to be no limit on speculative money spilling out of the government. It seems like the lesson is, government deficits don’t count. Likewise the Federal Reserve balance sheet appears to have no limit funding…Continue Reading →
Market is setup for a major down move from here.
The stock market feels heavy today, Yet it seems to be holding its own for the moment. My view, the market has two hopes (both of which I believe will unravel) that it is trying to hold onto: it still…Continue Reading →
Market was up against Big Resistance Basis the S&P the market has put some time in the 2620 – 2720 no-mans land price area. After using up a lot of energy over the past 16 days in that area there…Continue Reading →
Trump’s harassment of the FED highlights the point at where we are in the Macro Cycle and how much the other loud mouth cry baby , CNBC’s Jim Cramer is to be focused upon now. Maybe a look at the…Continue Reading →
Continuing with all that we have pointed out over the past few weeks, the market is bouncing up against the 2688 S&P swing point. This will probably continue until the 50 day moving average goes below the 200 day average.
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 →
It will be much worse, this market will have to deal with the effects of the arrogance of Bernanke, Trump, McConnell, and Ryan before it finds stability. That will be take much more than a 33% decline. !987 was just…Continue Reading →
A Classic Technical Formation on the S&P index over the past three days, if the market closes lower today, the icing on the cake will completed. As to GDP, if I had to make a guess on third quarter GDP,…Continue Reading →