In Thursday’s update, I built up the bear case; for today’s update, we’re going to try to poke some holes in it — and within all that, we’ll look at some targets which fit both.
Since I covered the bear case in quite a bit of detail on Thursday,…
There’s been no material change in the counts since yesterday. The primary occurrence of note on Thursday was the SPX reached the 1254.50 target.
If this is a corrective second wave, as the bearish count sees it, then a top is f…
The market continues to try to convince us that it’s strong, as it wallows around just below the 200 day moving average and a bevy of resistance lines. Deciphering the shortest term counts is quite challenging right now, due…
The market continues to try to convince us that it’s strong, as it wallows around just below the 200 day moving average and a bevy of resistance lines.
I remain convinced that there is much more downside than upside left in this market over the m…
There are now so many indicators suggesting the market is forming a top, I’m beginning to lose count. Of course, past performance is no guarantee of future results and all that, but let me lay out the case for a top:
1) Friday was a non-farm pay…
The Aden Sisters reckon that the markets are okay short-term, BUT they see a hyperinflationary crash coming down the road…
NEW YORK (MarketWatch) — An apocalyptic hard-money letter says party on — for now.
When I las…
