Bull Market About To Get Gored?

Bull Market About To Get Gored?

Bull Market About To Get Gored? The technical health of the markets have gotten nasty in a hurry.  Just a few weeks ago, a friendly Federal Reserve and a strong economy seemed destined to pull the Dow Jones Industrial Average to our original target of 30K,  “Dow 30K?  Yes, but…” (https://markonomics101.com/2019/03/04/dow-30k-yes-but/).  Mea Culpa.  Maybe. The […]

Read more

Did Cryptocurrencies “Win” the Trade War?

Did Cryptocurrencies “Win” the Trade War?     Long time readers of Markonomics101 know that No One Wins a Trade War. “Can Anyone Win a Trade War?”. (https://markonomics101.com/2018/07/09/can-anyone-win-a-trade-war/). Trade Wars do have winners, however.  Most notably are the industries and workers in sectors most threatened by lower cost foreign competition. Traditionally, the imposition of Tariffs […]

Read more

Medicare For All Cripples Health Care Sector

Medicare For All Cripples Health Care Sector   Until very recently, the policy called “Medicare For All” (MFA) was a political non starter.  Current polls, however, show a MUCH deeper than previously believed level of support.  Albeit, with one HUGE reservation.  Voters are MUCH less keen on Medicare the minute the price tag is mentioned:  […]

Read more

Gold Struggles Beneath Major Resistance (Chart of The Day 22)

Gold Struggles Beneath Major Resistance   After once again teasing its proponents, Gold appears to be tracing out a short term ROUNDED TOP pattern.  If it completes the pattern, GLD is likely to return to retest its support near last summer’s lows. The case for Gold continues to strengthen from  a fundamental standpoint, but its […]

Read more