For the week ended January 27, there were 38 charts with multiple buy signals as of Thursday or Friday, and only 9 with multiple sells. None…
As the NFL heads for the Super Bowl, this week the stock market will have a spectacle of its own. The FOMC Super Bowl Circus comes to town, with the question of whether or not this will be a bull market, the whole ball game.
I won’t answer that h…
The market has cleared the trendline from the January 2022 high, suggesting the end of this bear cycle. A new high above the December high…
So here we are: the global credit-asset bubbles are popping, and the illusory “prosperity” generated by the bubbles is about to tumble off a cliff.
If Powell is at this point compelled for more than push back lip service against the markets’ loosening of conditions, it will take something akin to his November 1st hawkish beat down.
Cycle projections suggest that gold has reached most of its potential for this move, but there’s clearance for a bigger move. Here’s what to expect…
Is makin me wait.
But I’m running late. Gotta get that Gold Trader report published.
I’ll be back.
Meanwhile, this speaks for itself.
Along with the headline.
For moron the markets, see:
Composite Liqu…
Composite liquidity is flat and will remain so until the Fed restarts QE. That should be bearish, but it’s not right now. There are a couple of reasons for that. And they are reasons to hold off from looking to get short right now. But are they reason enough to go long? Here’s the answer.
We’ve had some confusion and angst lately about the direction of stock prices. Well let me say this about that. Let me be absolutely clear. The 1 day bars of the ES 24 hour S&P fucutures show us clearly over time exactly where the market has been. …
The bulls tried again to punch it through the long term trendline from the January 2022 market high, and failed. That does not mean that they are done trying. Today is day 4 of the usual 5 day trading cycle. If they continue to slop around near the tre…