The stock market is trying hard, trying to ignore what is going on around it: The widely publicized Economic Growth Hope.. The Unfunded Tax Cuts… The Tariffs… FED interest rate policy… The Sanctions… and Peak Cycle earnings.. As outlined yesterday,…Continue Reading →
I am not talking about Stormy Daniels. I am talking about a President who uses the bully pulpit to stimulate the stock market for 18 months and then uses the same pulpit to teach the world a lesson on trade….Continue Reading →
As mentioned yesterday, the first technical confirmation of the downside move out of the head formation on stocks will occur when we see the three day average under the 200 day average. Again, this is a big deal, the bulls…Continue Reading →
How could Goldman Sachs, whose people are trying to run the economy, hit a snag in trading profits in the first quarter. Kind of interesting, maybe they were trading their own ideas. Maybe it backs up my content back in…Continue Reading →
After a day of happy talk from Donald the SUPER SALESMAN, we are seeing what would appear to be the setup for the “Looming Big Move”. From a chart standpoint the S&P is completing the right shoulder of a head…Continue Reading →
While we jumped around a bit over the past few weeks on our ideas for the election, our central beliefs were discussed on July 25, 2016, check archives. It is interesting to see commentators on CNBC talk about bringing back…Continue Reading →
Yesterday, our Macro Cycle Stock Market Indicator turned Bearish. Looking back at this indicator, for years it was bullish as the various QE’s kept the market in an upward direction. In July 2015, it turned Bearish and stayed in that…Continue Reading →
Long term subscribers know that I view data relationships/spread ratios between data streams as an essential element in analysis of stock values for investors (in the case of oil, most people are not oil speculators, just oil stock investors). As I…Continue Reading →
Yesterdays final push up by the S&P 500 towards the 2090.00 upside blowout target that we mentioned this past Monday, what I would call a false breakout that puts most sellers on the sidelines with fear in their hearts, was…Continue Reading →
Asher Edelman was a guest yesterday on CNBC’s Fast Money. Asher for those of you that don’t know him has been a factor in investment and markets since the early 1980’s. Here is his response to a question on who…Continue Reading →