For a second straight week, more than half the stocks in the market generated short-term signals on Friday. 350 short term buy signals and 390…
The market shifted into trending mode last week when it looked set up for a short-term down phase. The advance could become open ended, with…
Withholding tax collections were strong in June. The US economy shows no sign of slowing. More importantly, strong revenue growth has restrained the growth of…
Here’s why there’s no reason to think that resolution of the narrow trading range is imminent, but that when it finally does resolve it won’t…
Macro liquidity is drying up, according to the banking indicators and other monetary data that we follow. It’s not just one thing. It’s everything. Money…
I started my summer of travel off on the wrong foot. I arrived just fine at my initial destination in Lyon, France, a wonderful City that I have visited many times. But, oops, I left my power adapter on the train. So I have a few hours of battery power…
List performance has been lackluster for the past two months and this week is the Fourth of July week. Seems like a good time to…
The Fourth of July fireworks show will let us know if the second half stock market outlook will be a rocket, a flare, or a…
When the market breaks out of a big bottom that forms at a top, it usually means a long couple of months for bears ahead. I don’t know if that will be true this time, but I just thought I’d mention it..
But here, we are only concerned with the ve…
Today is ideally the 5 day cycle high on the ES. But alas, the waves are regressing toward ever smaller amplitudes as the market triangulates itself toward infinite flatness. The ES would need to end today above 5474 for an upside breakout, or 5455 for a d…