Market Update Pro

Cycle Screening Measures Surged Yesterday

Cycle screening measures surged on Monday. The majority of measures are now strongly in gear to the plus side. Just the 13 week and 6 month cycle status measures are lagging, but moving toward flipping to the buy side. That’s likely to happen in the next day or two unless the market stalls and reverses…

Should We Take Friday’s Rally Seriously?

Cycle screening measures were stronger on Friday. Whether that means anything in this environment of huge market whipsaws in response to every plot twist in the drama of the Greek tragedy, or the Chinese government shutdown by decree of the market collapse, is questionable. While the indicators made strong moves across the board on Friday,…

How Do You Like Trader Ground Meat?

Notice I did not say Trader Joe’s. Current indications suggest that the 13 week cycle bottomed on June 30 and has probably been in a sideways up phase since then. The crash channel has been broken, but the intermediate downtrend channels have not been. This has the potential to be another meat grinder that could suck…

Binary Market But Cycle Screens Still Say No

Cycle screening measures were mixed on Thursday. The aggregate measure had a tiny uptick. The components were mixed. The majority of them continue to tilt toward the sell side, including the 13 week and 6 month cycle measures, and the aggregate measure remains deep in negative territory. Meanwhile the market’s day to day moves are…

Suspicious Minds and The China Syndrome

Will the meltdown in China vaporize so much cash that it burns the US market? So far, the cycle screening measures have ignored the worldwide maelstrom. But the numbers remain negative on balance. I have not trusted the rally as a result of that. If a decline were to start with the indicators at these…