Fluff at the Turn
It is ironic that the media is today hung up on Face Book, Ali-Baba, and Yahoo at this key trigger point that follows the stock market top of six months ago.
The Game Plan
Looking like April 2008
Then, like now, the Macro stock market indicators had turned decidedly down but the Micros needed a little blip up. The rally only lasted about eight weeks then, so the fact that we are now seven weeks from the August…Continue Reading →
S&P 2030 Sell Point, it feels so easy
The high on the S&P today, 2030 has been an indicated sell point for some time, see our comments back on October 6th. It seems so easy that one can overthink the situation and look for a little excess energy…Continue Reading →
Cramer has just called the August 25th Bottom
Six weeks late. This morning he was in rare form, declaring we have seen the top in the dollar, and the bottom in stocks and oil. He also mentioned that Icahn getting bearish a couple of weeks ago was another…Continue Reading →
Risk Indicators Rising
Technical indicators point to extreme risk in the market’s face, now. Two short term volatile scenarios are setting up, either a quick rise to extreme resistance at 2033 on the S&P followed by a plunge to 1600 area, or a…Continue Reading →
Sweet Spots
Today, stocks have risen to a sell sweet spot, and bonds have declined to a buy sweet spot, not to say that the bounces and retracements could not go further but this is pretty good for now. The Dollar…Continue Reading →
Forget about the Reasons
The popular press like CNBC, Bloomberg, and Reuters like to tell you why the market is doing what ever it is doing. In situations where the direction is overdone or indeterminate, it is probably good to exercise your mind with…Continue Reading →
Managing Your Paper Assets at this Point in the Cycle
Your first decision is whether you want to manage these assets or let the market manage them. If you do decide to manage those assets then you need to decide whether you see evidence of a macro top in these…Continue Reading →
What will Happen to the Stock Markets here?
Starting back on December 29, 2014 the on-balance volume index on the S&P 500 topped at a closing price of 2090. Macro cycle signals turned down in July and the market just sits and waits. So what should one key…Continue Reading →
Big Things Happening, Now
With a lackluster summer rally running out of steam and Macro indicators turning negative this month, the market players are out in force to get a real rally underway. Scenes like this are usually a piece of a big change,…Continue Reading →