A couple of minor technical problems called “business” and “life” have now intruded on my increasingly bogged down publication schedule that, in the interest...
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There’s still a chance that the 6-7 week cycle up phase may show some strength, with the 6 month cycle possibly getting in gear as well over the next couple of days to make a run at the 10-12 month cycle projection of 1450. It depends on whether the enthusiasm over AAPL sticks through...
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Over the years I have frequently pointed out what a stupid indicator the Conference Board’s Consumer Confidence indicator is, at least when it comes to the stock market. It’s like a dog chasing its tail. The Con Con, you see, follows the market. Then, each and every month for a half hour or so...
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The market faces a life or death decision over the next couple of days that’s likely to set the tone for the next several months. Since tomorrow is FOMC circus day, I wouldn’t necessarily trust a one day move, but it will depend on what the indicators do. They are positioned here to give...
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