Category Archives: It’s a Bull Market

Why Are Stocks Roaring Higher? Central Banks Just Printed the GDP of Japan in Two Months

Stocks are exploding higher! The S&P 500 broke above 3,000 over the weekend. The market looks to have definitively broken out of the channel of the last month and is now starting its next leg up. In the larger picture, … Continue reading

Posted in Central Bank Insanity, It's a Bull Market | Comments Off on Why Are Stocks Roaring Higher? Central Banks Just Printed the GDP of Japan in Two Months

It Doesn’t Matter What We Think… It’s What the Market Thinks That Matters

As I keep saying, it doesn’t matter what we think… it’s what the market thinks that matters. Personally, I think it’s insane that the Fed has nationalized the entire debt markets. Similarly, I think it was a massive mistake to shut down the economy. … Continue reading

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The Retracement, Bull Flags, And Breakouts You Need to See Today

As I keep saying, it doesn’t matter what we think… it’s what the market thinks that matters. Personally, I think it’s insane that the Fed has nationalized the entire debt markets. Similarly, I think it was a massive mistake to shut down the economy. … Continue reading

Posted in It's a Bull Market | Comments Off on The Retracement, Bull Flags, And Breakouts You Need to See Today

Three Charts You Need to See Today

As I keep saying, it doesn’t matter what we think… it’s what the market thinks that matters. Personally, I think it’s insane that the Fed has nationalized the entire debt markets. Similarly, I think it was a massive mistake to shut down the economy. … Continue reading

Posted in Inflation, It's a Bull Market, Meltup | Comments Off on Three Charts You Need to See Today

There’s a saying that “in bull markets, stocks don’t sell off on bad news.” I mention this because the latest jobs data is out and it’s horrific. Another 4.4. million Americans have filed for unemployment bringing the total the number … Continue reading

Posted on by The Phoenix | Comments Off on In Bull markets, Stocks Don’t Sell Off on Bad News

Do Not Look At These Charts If You Think the Worst is Over

Stocks exploded higher yesterday on announcements that the coronavirus pandemic appears to be slowing. The rally has continued in the overnight session. The S&P 500 will be opening north of 2,700, well above a 38.2% retracement and closing in on … Continue reading

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What Will Be the Unintended Consequences of Printing Trillions of Dollars to Backstop the Entire System?

Stocks are up somewhat this morning. This marks the second Monday stocks will open in the green (last Monday was a green open as well) following two horrifically bad weekend sessions that saw stocks open limit down or close to … Continue reading

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Industrial Metals Are Rolling Over… is the Next Leg Down Here?

Stocks are red this morning. If you’ve been following my work this week, you shouldn’t be surprised. History tells us that after sharp, severe crashes such as the one from late February to this week, there is usually a sharp … Continue reading

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The Panic is Ending… The Bounce Has Hit… What’s Next for Stocks ?

Stocks are red this morning. If you’ve been following my work this week, you shouldn’t be surprised. History tells us that after sharp, severe crashes such as the one from late February to this week, there is usually a sharp … Continue reading

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Three Charts Every Investor Needs to See Today (Is the Bottom In?)

Stocks are red this morning. If you’ve been following my work this week, you shouldn’t be surprised. History tells us that after sharp, severe crashes such as the one from late February to this week, there is usually a sharp … Continue reading

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Two Charts That Will Tell Us When THE Bottom Is In

Yesterday’s action was positive, but we’re not out of the woods by any stretch. Stocks roared higher with the Dow closing up 11% for its largest single day gain since 1933. Across the board, the buying was extremely strong with … Continue reading

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The Everything Bubble Has Burst… Now Comes the Inflationary Storm The coronavirus has burst the Everything Bubble. Regardless of what happens with the economy or the virus, the damage has been done to the massive debt bubble. Across the board, … Continue reading

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Posted on by The Phoenix | Comments Off on CHART OF THE DAY: 3-17-20

Stocks are going to revisit the lows. This is completely normal behavior for markets: a consolidation period after a major downdraft. We could even take out the lows and still be bottoming. But that remains to be seen. The real … Continue reading

Posted on by The Phoenix | Comments Off on Stocks Rolled Over Again… Is a Crash About to Hit?

Yesterday was a great day for stocks, but we are not out of the woods yet. It looks like we’re in an uptrend here. And this morning the market is red as it tests the lower trendline. If this holds, … Continue reading

Posted on by The Phoenix | Comments Off on Healthcare Stocks Suggest This Rally Has Legs

Yesterday was a great day for stocks, but we are not out of the woods yet. It looks like we’re in an uptrend here. And this morning the market is red as it tests the lower trendline. If this holds, … Continue reading

Posted on by The Phoenix | Comments Off on Have Stocks Completely Bottomed? Find Out Here!

So, what was it… coronavirus or Bernie-virus?  Most market analysts have blamed last week’s meltdown on fears of a coronavirus pandemic collapsing the global economy. For certain those fears had an impact on the markets… but so did the political … Continue reading

Posted on by The Phoenix | Comments Off on Bernie Sanders LOSING Was Better For Stocks That a 0.5% Rate Cut

So, what was it… coronavirus or Bernie-virus?  Most market analysts have blamed last week’s meltdown on fears of a coronavirus pandemic collapsing the global economy. For certain those fears had an impact on the markets… but so did the political … Continue reading

Posted on by The Phoenix | Comments Off on Was It Actually Bernie-Virus, Not Corona-virus, That Infected the Markets?

Throughout all of last week I warned that the meltdown was a buying opportunity, not the start of a major crisis. Day after day, I warned that the financial media was trying to terrify everyone to get traffic and eyeballs to their … Continue reading

Posted on by The Phoenix | Comments Off on Stocks Begin to Bounce… Will We Get a V-Shaped Recovery or Gradual Grind Higher?

Throughout all of last week I warned that the meltdown was a buying opportunity, not the start of a major crisis. Day after day, I warned that the financial media was trying to terrify everyone to get traffic and eyeballs to their … Continue reading

Posted on by The Phoenix | Comments Off on Central Banks and Governments Are Going to Go NUCLEAR With Policy to Support the Markets