The Dow continues to press the long term bull case as it nears the end of the fifth month of a rally off the long…
by Lee Wheeler-
Here’s a kooky potential coincidence.
Some folks on the Capitalstool.com message boards have mentioned the PEI Business Cycle chart. That’s the pi-based 8.6 year global business cycle mumbo-jumbo developed by Martin Armstrong back in the late 1970s or early 1980s. There is some explanation on the web as to how Armstrong came up with […]
It does not take a vivid imagination, to conclude that Pig Men are in a race to the finish line to cram as much Ponzi debt into the system as is possible, before the inevitable blow up. And what “is possible” is beyond what the likes of me would have ever foreseen, even with my […]
Happy Thanksgiving! The Fed insured a happy holiday on Wednesday, and the market responded by reversing an early selloff on the Con Con number. That…
The Fed mashed the accelerator on Wednesday to get the holiday pumpajam into full swing. It added $10.75 billion to the liquidity pool, issuing $11.75…
by Lee Wheeler
The Spoozer definitely looks worse for wear in here.
Back in late Oct, it ran to the top of the trend channel at 1389, a channel that contained it for over five months from Dec05-May06. Now it has moved slightly above the channel. The only time it did that prior was after the early […]
Today’s gold stock screens and data, along with cycle conditions and projections for gold and HUI index, and Chart of the Day picks for swing…
The market stalled exactly on the centerline of the 4 month trend projection at the convergence of support and resistance. A big decision lies ahead…
I have been reading many claims in many places lately that “The Fed is pumping M3″. Others claim that Fed Open Market Operations (repos and…
The Fed added $1.5 billion to the liquidity pool on Tuesday, issuing $5.25 billion in 3 day repos against $3.75 billion in expirations. It looks…
