13 week cycle indicators have begun to edge to the sell side, but does that mean gold is headed for a deep correction?
The SPX marched higher to hit a multiple trendline convergence. These often mark short term pivot points. But what if this time it doesn’t. Here’s what to look for. 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…
Shepard Smith’s denunciation of Trump is even more courageous and important than Edward R. Murrow’s denunciation of Senator Joe McCarthy in the early 1950s. Murrow was denouncing a demagogue with great power, but the subject of his historic condemnation was not the President. It was a Senator. Unlike Smith, Murrow also had the backing of a supportive news organization. Murrow…
13 week cycle indicators remain in bullish postures but some are extended. Here’s what to look for. (Note: Publication time is Central European Time)
US macro liquidity growth slowed over the past month. It has barely budged since August 10 of last year, actually slipping 0.2% since then. Here’s what that means for the market.
The stock market is extended, but could get even moreso in the weeks ahead. Here’s what to look for. Click here to subscribe now and see. 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…
Regular bank reserve deposits, called “Other deposits held by depository institutions” rose by $239 billion in the January 4-February 8 period. Whoa. Where’d all that cash come from?
The proposition that the Treasury market is supported by deep and robust demand isn’t supported by the data that we watch. Demand has been in a secular downtrend since 2010.
When the Obama Administration built up a $400 billion pile of cash, it wasn’t expecting to hand it over to Donald J. Trump.
All of gold’s key swing cycles are in gear.