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.
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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 →
Crushing Effects of Deflation
The macro deflationary forces continue to show their effect. It seems that the Fed has come to realize that QE 3 was basically ineffectual at fighting deflation. So the next attempt at fighting deflation by the FED seems to be…Continue Reading →
High Stakes Roller Coaster
Today’s bounce back up on the markets is just more of the sloughing off of momentum which brings us back into the sell area.
Bubble of Bubbles, Why Global Economies are not Improving
Central bankers around the globe are pulling out their hair trying to figure out why the various QE’s are not igniting economic growth. For example, US industrial production reported yesterday was the weakest in 2 1/2 years, all during the…Continue Reading →
Starting the Count Down
On March 30th we outlined our views on the long economic cycle and how one can build a case that we are in the closing 2 plus year phase of the current cycle. How is the remaining time in this…Continue Reading →
The Market is in a State of Disbelief
Volatility indicators show that the market is totally in a state of disbelief. So many times over the past 6 years the FED has stepped in and rescued the players. Will they step in now, and with what? We are…Continue Reading →
Yellen is looking for an Escape
In my opinion Yellen in her data dependent world is looking for an out. She now knows we are all in a different world. In that case the FED needs to get short term interest rates up to maybe the…Continue Reading →