Cryptocurrencies Poised For Historic “Double Crash”

Cryptocurrencies Poised For Historic “Double Crash” As recently as the first week of January, the total market capitalization of the Cryptocurrency sector reached its all time high of about $825 Billion. The talk of the town was the inevitability of reaching $1 Trillion.  In the succeeding 3o days, the Cryptocurrency sector lost a staggering 64%, […]

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Dow Jones Industrial Average and Nasdaq Set to Open Higher: Wrong Way Corrigans Do It Again

Mr. Market has done it again.  The fear of what Monday morning might bring, combined with the “Wrong Way Corrigans” jumping  on the CRASH (“Wrong Way Corrigans of Wall Street Come Out in Droves to Yell “Stock Market Crash”) bandwagon was just too much bearishness for Mr. Market to “Bare”, but make no mistake he […]

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Wrong Way Corrigans of Wall Street Come Out in Droves to Yell “Stock Market Crash”

Wrong Way Corrigans of Wall Street Come Out in Droves to Yell “Stock Market Crash”   The “analysts” of Wall Street are often as accurate as those who LIVE on the street.  Referring them to as “Wrong Way” Corrigans (https://en.wikipedia.org/wiki/Douglas_Corrigan) would be a disservice to the real Mr. David Corrigan, who embodied the label, “Wrong […]

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Hindenburg Omen Confirmed… Or, Was It?

                           Marko’s Take Hindenburg Omen Confirmed… Or, Was It? Wednesday, July 7, 2010   The Hindenburg Omen (HO) was described in yesterday’s blog. For more on how it works, click here http://markostake.blogspot.com/2010/07/hindenburg-omen-foretells-coming-market.html. For the HO to be confirmed, it must happen at least […]

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Stock Markets Remain on Crash Alert: New Highs in Nasdaq are a Fake-Out NOT a Break Out

 Stock Markets Remain on Crash Alert: New Highs in Nasdaq are a Fake-Out NOT a Break Out Last week, this website chronicled the increasing probability of an exceedingly rare event called a Stock Market Crash, based on the presence of certain pre-conditions.  (http://markonomics101.com/2018/03/06/dow-jones-industrial-average-remains-in-crash-pattern/).  Since then, the Nasdaq 100 and Nasdaq Composite have made new all […]

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‘Bitcoin Misery Index’ Indicates Now is A Good Time To Buy

I always entertain contrary opinions, if you read this: (http://markonomics101.com/2018/03/10/the-big-four-cryptocurrencies-what-do-the-charts-say/) or (http://markonomics101.com/2018/03/08/cryptocurrencies-in-a-waterfall-decline/), you’ll know exactly where I stand on the cryptocurrency sector. A contrary opinion is authored by (https://www.ccn.com/tag/tom-lee/) in this aricle: (https://www.ccn.com/bitcoin-misery-index-indicates-now-is-a-good-time-to-buy/). It’s always good to know and factor in educated opinions that differ from your own. Being a winner is being right 51% […]

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