The Bubble Timeline
For the markets, the next couple of weeks will be the most instrumental of the year. As forces line up for this decisive time, the direction, up or down from here for stocks is in focus. And, a big Chaos…Continue Reading →
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Rally is Here
After many attempts during the week
Split Decision
An early weekly view. The market technicals point to the fact that the market has topped, market traders however point to their view that nothing has changed and we are headed to new highs again. That should mean that we…Continue Reading →
Next Step, Wait for the Panic
So far the market is ignoring the danger. We may cover half of our short position for a bounce trade if we see panic, that would require an RSI of 18.00 or less, the low today is 36.00.
9/23/21, Things Changed
Please go back and view our post from that day. That was the day that the economic stimulus story changed. Effects caught up with the hype. This would appear to be the end of what really started in 1980 with…Continue Reading →
In My View The Bubble Breakdown has Happened
It started with the interest rate factor on September 23 when the S&P was at 4450 and Nasdaq 100 was at 15294. Today based on the Dollar move I feel we got confirmation on the close. What does that mean…Continue Reading →
Filling in the Blanks plus afternoon update
Today is a good bounce day, it adds one more day to the moving averages, which will make it probable that the next down move will decisively burst the Asset bubble. Today’s up-move in the dollar will add to that…Continue Reading →
The Bubble is Still Intact
While the S&P 500 at the moment at 4370 (at 9:25 AM CDT) is down some 175 points from the all time highs, the fact remains that the Bubble is still intact by my reckoning. While the early indications (SPX…Continue Reading →
Market Analysis 101
As we wait for the other shoe to drop, you may want to go back and take a look at our September 7 blog, “There is no Worry”. These are my views distilled since 1966, over 55 years. Forecast Market…Continue Reading →
What Could go Wrong ?
For a bit of Saturday morning reading please take a look at the Home page listing for “What Could go Wrong? by John Mauldin. It outlines a number of items pertinent to the market at this point. A little backstop…Continue Reading →