The financial system is now completely addicted to Fed interventions. As I’ve noted over the last month, the Fed has implemented monetary programs to buy just about every asset class.…
The rally is now in serious trouble. Stocks staged a sharp bounce after the early to mid -arch meltdown. However, they’re running into trouble at the 50% retracement level (2,790…
The rally is now in serious trouble. Stocks staged a sharp bounce after the early to mid -arch meltdown. However, they’re running into trouble at the 50% retracement level (2,790…
The rally is now in serious trouble. Stocks staged a sharp bounce after the early to mid -arch meltdown. However, they’re running into trouble at the 50% retracement level (2,790…
Stocks are due for a pullback here. The initial “sugar high” from the Fed throwing trillions of dollars at the financial system is ending. And various ratios I track are…
Stocks are due for a pullback here. The initial “sugar high” from the Fed throwing trillions of dollars at the financial system is ending. And various ratios I track are…
Wall Street begins reporting earnings for the first quarter this week. Everyone expects earnings will be a disaster. After all, the economy first slowed, then ground to a complete halt…
Wall Street begins reporting earnings for the first quarter this week. Everyone expects earnings will be a disaster. After all, the economy first slowed, then ground to a complete halt…
The financial system today is trying to figure out what happens when an unstoppable force meets an immovable object. The Unstoppable Force= the Everything Bubble bursting as debt markets collapse…
Let’s focus on price. The S&P 500 has clearly broken its downtrend (red lines). It is now bouncing in an uptrend (blue lines). The issue is whether it can continue…
Let’s focus on price. The S&P 500 has clearly broken its downtrend (red lines). It is now bouncing in an uptrend (blue lines). The issue is whether it can continue…
Let’s focus on price. The S&P 500 has clearly broken its downtrend (red lines). It is now bouncing in an uptrend (blue lines). The issue is whether it can continue…
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…
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…
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…
On Friday the markets broke down. However, given how negative the news was that day, it is quite telling that the collapse was relatively muted. The S&P 500 did break…
On Friday the markets broke down. However, given how negative the news was that day, it is quite telling that the collapse was relatively muted. The S&P 500 did break…
On Friday the markets broke down. However, given how negative the news was that day, it is quite telling that the collapse was relatively muted. The S&P 500 did break…
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…
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…
