This report examines why the odds still favor more sloppy, rangebound trading rather than a big decline. Meanwhile, all that money that the Fed is…
A 13 week cycle top appears to be forming, but the market is noisy and still rangebound. Fed liquidity is still being pumped into the…
I want to wish you and your families the best of holidays and thank you for your support throughout the year. The Professional Edition will…
Friday’s action was driven by news rather than cyclic motion, but the drop came in a time window where the 13 week cycle was due…
Thursday’s recovery suggested that intermediate cycles remain in gear in up phases, with more upside likely both in the short run and into much of…
Stocks suffered a good sized shakeout on Wednesday but there was little sign of significant technical damage. On the other hand, in spite of all…
The Fed and Treasury have provided the firepower and the dealers have made use of it. New buy signals increasing in all cycles across the…
The second wind I was expecting arrived on Monday. The question is whether it’s sustainable. The Fed and Treasury have tried to assure that it…
I had expected the market to respond to the big injection of Fed cash on Wednesday but it didn’t. That doesn’t mean that it won’t…
The sell the news response to the Fed announcement today isn’t exactly a shock, and it should be just a momentary pause with higher highs…
