Skip to content

Stock Indicies

The Dow Held the Reversal 17120

A number of emails are coming in about how, even in a panic, the Reversal system held. The Dow crashed only within a two-day reaction. It elected the first minor...

Dow – Down & Dirty?

The Dow has been bouncing off the Reversals as well. Despite being above 17800, it would fail to close above that. The question becomes WHEN will the Dow breakout...

Buy the Rumor – Sell the News

Our numbers today are 1259.30 in gold nearest futures, 1.4830 in the cash pound, and 18018 in the Dow. Gold has crashed, testing the key support again, and the Dow...

Private Blog Update in Metals & Dow for Close 6/17/2016

We have made two updates on the Private...

Dow Update June 16, 2016

The Dow was doing well with the prospect of a rate hike until the Jobs Report. While on the one hand it appears that the Dow has declined because the Fed failed to...

Is the Fed Losing Credibility?

The Federal Reserve pushed back plans to raise its benchmark short-term interest rate, which was widely expected following the Jobs Report. Yet, this was not a...

Private Blog Update Dow & Gold

Private Blog Update Dow &...

Retail Sales of US Equities (Domestic & Foreign) Reaching Historical Low

I have been warning that this has been, perhaps, the most sold rally in history. Domestic buyers and net foreign investors are both approaching historical lows....

China Corporate Defaults: Good, Bad, or just Ugly?

A fertilizer producer in north China defaulted on bond payments, which is a positive aspect as the state governments are not so eager to bail out failed companies....

S&P 500 is Really Cheap

COMMENT: Dear Martin, Another element that strongly supports your view is that US equities will fly at some point in the future. If you take the trailing 10y avg...