No one in his or her right mind wants to cause an accident. Here we are talking about the risk of setting off a economic accident, a depression. The current face-off between the Republicans and Democrats is a high stakes…Continue Reading →
This is a website to which I subscribe. Here are their comments today. Dear Fellow Technician In our June report we stated a topping process was underway. The process dragged on for much longer than we anticipated; consequently our stop…Continue Reading →
We are reaching a tipping point. In my new movie, “Inequality for All,” I expose the rising economic inequality in America, where middle class wages have dropped while the top 1% have taken home 95% of recent economic gains….Continue Reading →
With the previously discussed timing of the end of the anticipated market top being tomorrow we will be moving to a new format. This will be a subscription format, for details email us at eurekaps@mc.net As for today’s reaction to…Continue Reading →
Important junctures in the market like we are facing this week usually have a catalyst. Lets run through the list of cadidadates that could generate the big mistake: 1. China, NO 2. Syria, NO 3. The FED, NO 4. QE3…Continue Reading →
We are seeing what we view as the expected final rally of the rolling top and will be completing our short stock positions today. Update at 2:00 PM See a few facts that have come out today: http://seekingalpha.com/article/1684932-3-indicators-that-signaled-the-2007-top-theyre-back?source=email_rt_article_readmore
We are refining and moving up the end date for the rolling top. We now see it ending in the last half of September and see the following pieces as a two part structure. Briefly, the market top is developing…Continue Reading →
Gross Domestic Production numbers will be released this week. They will probably be reduced from the previous 1.8 % , possibly down to a sub 1.0 number of 0.8 %. It is an indication that what you see in the…Continue Reading →
A post on Slate yesterday was a good review on Obama’s effort to take the economic message to the people. What he said in his speech was basically correct. My view is inequity for the middle class is a function of a…Continue Reading →
This may trouble your financial advisor, if you have one, hopefully not, but the asset index we follow of stocks,bonds, commodities, oil, dollar, and gold, topped out on September 13, 2012. Here we are some 10 months later and stocks…Continue Reading →