Pro Trader Latest Reports for Subscribers

Rangebound Market But Upward Bias Still Intact

The SPX broke out of its short term downtrend channel on Monday. It then leapt across its thinned out trading range and stalled at the top of the range. How much upside is left, if any? Market Update Pro subscribers click here to download the complete market update, including the proprietary cycle screens report in pdf format. Not yet a subscriber?…

We’re Back

As of 2:33 AM on Wednesday April 26, The Wall Street Examiner was back up and running after 30 hours offline. The site was restored from a backup. We will be missing a few posts posted Monday. The normal posting schedule of all reports will resume this morning The cause of the server failure is undetermined. I will be looking for…

What To Do? Meat Grinder Market Denies Trading Profits

Chopping like this is a feature of rangebound, meat grinder markets, making them extremely difficult to trade on the basis of intermediate swings. Market Update Pro subscribers click here to download the complete market update, including the proprietary cycle screens report in pdf format. Not yet a subscriber? Try the Market Update Pro risk free for 90 days If, within that…

Server Technical Problems

We are experiencing issues with slow page rendering and broken links. We’re aware of the problem and are looking for the cause and a fix. Thanks for your patience! Update 6:41 PM ET. The server is under DoS attack. We have temporarily instituted additional security measures. When you first entered the site your browser underwent a security test. This measure…

Posts from Other Publishers

Case Study In Depression And Denial

Back on March 10, the New York Fed’s attempt at real-time GDP forecasting predicted that the Q1 2017 estimate would be 3.2%. That would have qualified as another decent quarter, the second out of the past three and somewhat in keeping with “reflation.” As we know today, the advance figure calculated by the Commerce Department…

This Is Not Expansion

Back in October, the Bureau of Economic Analysis released GDP figures that suggested what those behind “reflation” had hoped. After a near miss to start 2016, the economy had shaken off the effects of “transitory” weakness, mainly manufacturing and oil, poised to perform in a manner consistent with monetary policy rhetoric. The Federal Reserve had…

Bubbles? Shiller P/E Ratio Nears Roaring ’20s Bubble High As Home Prices Increased 43.6% Since Feb ’16

Supreme Court Justice Potter Steward said in 1964 in the Jacobellis v. Ohio case,  “I shall not today attempt further to define the kinds of material I understand to be embraced within that shorthand description [hard-core pornography]; and perhaps I could never succeed in intelligibly doing so. But I know it when I see it,

The National Blues

While the news waves groan with stories about “America’s Opioid Epidemic” you may discern that there is little effort to actually understand what’s behind it, namely, the fact that life in the United States has become unspeakably depressing, empty, and purposeless

Durable Goods Grow Indicating Lack of Growth

Total new orders for durable goods, including orders for new transportation equipment, were estimated to have been $238.7 billion in March 2017 on a seasonally-adjusted basis. That is 9% better than the most recent low point figured for June last year. It remains substantially less than the record high reached in July 2014, though an…