Market is Trying to Hold ON
The S&P 1990 to 2080 price range, which is either a base for a year end rally or a distribution range for the start of a cyclical decline has a swing point of 2035 which should be eyed closely.
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A Little after Turkey Reading for Thursday
Happy Thanksgiving. As the FED moves toward reducing the balance sheet and increasing interest rates you may enjoy watching a couple of videos produced during the Quantitative Easing period. Also, you may try an exercise of reversing all the words…Continue Reading →
Macro’s Still Point Lower
FED inaction and Debt ceiling cleanup have kept the bounce alive, however the Macro’s still point lower. While the Macro’s on the Dow and the S&P turned lower three months ago, Nasdaq just turned down a week ago and the…Continue Reading →
Stock Market Returns, Catching it All, An Update
We have updated a broad view on the stock market in the Editorial page of the website.
Eureka Portfolio Tracking
As we all sit here and wait for the FED to probably raise rates, then tell us it is just a little bit, and then for the market to show it doesn’t care and goes up to test resistance, maybe…Continue Reading →
Remember, this is About the Bernanke Legacy, China is just a Trigger
What Ben started around the Globe is back for everyone to handle. We get a lot of questions, how low will it go? Who knows, for now the 52 week low on the S&P at 1820 is an attractor, so…Continue Reading →
Protectors of the Upmove have to take a stand Today
Early on stocks have sold down into an area that would become dangerous to the bulls if breached on a close today. Three Horsemen trying to hold above 103.48, 103.67 at the moment.
Warning Signals in a Manipulated Market
Since early 2012, before QE3 started in September 2012, we have witnessed four warning of Macro sell signals in the S&P 500 market. These occurred in May 2012 (which probably led to the FED’s QE3 program), December 2013, October 2014,…Continue Reading →
An Old Timer, Arch Crawford, Weighs In
Arch has been around for a long time, a unique and different analyst who bears watching at extreme times like we are experiencing. see: CP15Jun1 Our Three Horseman Indicator is bouncing around at 104.83 at the moment.
The Coming Week
Depending on which set of CNBC guru’s you want to follow, this week you want to buy gold or financial ETF’s. I am obviously skeptical of either as the compound effects of low interest rates pushing deflation makes neither trade…Continue Reading →