Stock Market Outlook: Consolidation or Correction?
Key Takeaways:
1). After a robust rally to begin the year, stocks are now in the midst of their most significant pullback of 2019....
S&P 500 Reverses Higher: Are Bulls In Business Again?
Investors have experienced multiple days of selloffs and failed rallies.
Friday tried to change that.
After another early steep selloff, the stock market mounted a strong...
Dow Jones Industrials Triple Top At Key Fib Price Level?
The 4 month stock market rally to start 2019 brought the Dow Jones Industrial Average within 1 percent of its all-time highs made in...
Has the Stock Market Found Love or Litigation?
The juxtaposition of these two signs fascinates me.
Message to the lawyers? Their clients? Merely a coincidence?
Doubtful.
The market fills me with a similar fascination.
Will the...
Treasury Bonds Counter-Rally Almost Over
The bearish scenario for treasury bonds that we described in September and again in October appears to be on track.
Today's post shows some upward targets...
Inflation: The Federal Reserve’s False Flag
“Don’t piss down my back and tell me it’s raining” –Clint Eastwood/The Outlaw Josey Wales
On April 30, 2019, one day before the Federal Reserve’s...
S&P 500 Breaks Up-Trend, Turns Bearish Near-Term
S&P 500 Trading Outlook (3-5 Days): Bearish on break of 2901
The near-term up-trend gave way again as the S&P 500 closed back under 2901.
The close...
Are Oil Prices Sending a Bearish Signal to the Stock Market?
Crude oil prices tend to offer a good general barometer for the global economy.
More specifically, it is the trend of crude oil that...
Stock Market Bears Unchained As Weak Sectors Selloff
In the art world of Santa Fe, NM, there exists a “caveat emptor.”
One example you see is in the photograph. Many art dealers sell...
Russell 2000 Index: The Ridiculous and the Sublime
Given the open today, the Russell 2000 (IWM) kicked bear’s butts and took names.
Not only did Granddad hold the fast-moving average on the daily...
