On Friday, I assigned roughly a 50% chance that Thursday marked the end of the rally, and the top of Minor Wave (2)-up. Today, I would move that probability up to 80%. As far as I can see, there is reall…
John Mauldin, whom I have a great deal of respect for, put forth a very convincing and enlightening argument this weekend in his free Thoughts from the Frontline newsletter. I’m going to try to summarize his argument as succinctly as …
I think that short positions on the dollar right now are very high risk.
Two weeks ago, the dollar gave some false signals, apparently indicating that it was nearing the end of its correction. At that time, it appea…
Sometimes you get the bear, sometimes the bear gets you.
Thursday saw the rally extended even further, once again blowing through my upside projections like an over-achieving marathon runner. Thursday had the distinct feel of…
Sometime over the next week or so, you may remember this article and decide that I’m crazy (assuming you haven’t already). The market’s job over the near future is to convince you that the rally will go on forever, so you may start to t…
Sometimes you just spend too long staring at charts. Yesterday, on my blog, I warned of the possibility of a fifth wave failure in the NDX and SPX. After the close Tuesday, I took a much needed break and spent some time with my family,…
This Energizer Bunny rally continues to surpass every target I’ve set thus far. My expectations leading into it were, quite frankly, wrong.
The one consolation I can take is that — while my price targets are being blown th…
Here’s what I know for certain: there’s a big move coming.
With the new high on Friday, stocks have reached a critical inflection point which could drastically change the expectations and projections going forward. Since the r…
The regular Weekend Update will be posted before the open.
Important note for the general public: These charts are for speculation and discussion, they are not preferred counts. In other words, they are possibilities/potentials which …
What if, today or Monday, the S&P 500 (SPX) suddenly broke out of the trading range it’s been in since August?
Weak bears would likely cover their shorts immediately, and bulls would almost certainly add to the…
