Stocks caught a bid yesterday, breaking their downtrend (blue lines in the chart below) and closing the gap from mid-May… the S&P 500 is now challenging critical resistance at 2,860…
Stocks caught a bid yesterday, breaking their downtrend (blue lines in the chart below) and closing the gap from mid-May… the S&P 500 is now challenging critical resistance at 2,860…
As I noted yesterday, this rally looks to have legs… for now. The stock market broke out of its downtrend yesterday (red lines). It remains below resistance (blue line). A…
As I noted yesterday, this rally looks to have legs… for now. The stock market broke out of its downtrend yesterday (red lines). It remains below resistance (blue line). A…
Stocks bounced yesterday because: 1) They were oversold. 2) The markets were at critical support and were due for a bounce (blue line). 3) Fed officials offered to cut rates…
Stocks bounced yesterday because: 1) They were oversold. 2) The markets were at critical support and were due for a bounce (blue line). 3) Fed officials offered to cut rates…
The Powers That Be are terrified of what’s coming How terrified? US Treasury Secretary, Steve Mnuchin, hosted a secret meting last week with the Financial Stability Oversight Council or FSOC……
The markets are a sea of red this morning… I’ve been warning for weeks that a collapse was coming… and now it is here. The markets have finally woken up…
The bond market is telling us, that the markets… and the economy… are both in very serious trouble. The difference between the yield on the 3-month Treasury and the 10-year…
The bond market is telling us, that the markets… and the economy… are both in very serious trouble. The difference between the yield on the 3-month Treasury and the 10-year…
The market remains in “no man’s land.” The S&P 500 has broken its triangle formation (blue lines)… but the bears just can’t take out support (red line). Part of this…
The market remains in “no man’s land.” The S&P 500 has broken its triangle formation (blue lines)… but the bears just can’t take out support (red line). Part of this…
Now comes the “depression stage” Earlier this month I noted that the market is following the five stages of grieving regarding the US/ China trade deal. Those stages are: denial,…
Now comes the “depression stage” Earlier this month I noted that the market is following the five stages of grieving regarding the US/ China trade deal. Those stages are: denial,…
Stocks continue to struggle below their 50-day moving average (DMA). I still think we’ve got a bit higher to go in the near-term… most likely the S&P 500 will top…
The technical damage from last week was pretty severe. Despite multiple Trump administration interventions… as well as the usual Wall Street ramp jobs for options expiration, the S&P 500 finished…
As I outlined yesterday, the markets are currently staging a relief bounce from the initial drop that began in early May. From a metaphoric perspective, I call this bounce the…
As I outlined yesterday, the markets are currently staging a relief bounce from the initial drop that began in early May. From a metaphoric perspective, I call this bounce the…
As I outlined yesterday, the markets are currently staging a relief bounce from the initial drop that began in early May. From a metaphoric perspective, I call this bounce the…
As I outlined yesterday, the markets are currently staging a relief bounce from the initial drop that began in early May. From a metaphoric perspective, I call this bounce the…
