Triple Peaks For Stocks? Market conditions seem to have turned on a dime. Just 6 trading days ago, several major indexes were grinding to new highs and threatening to go much higher. Then came the flare-up in Trade tensions with China and suddenly the health of the markets took a nasty turn for the worse. […]
Stocks And Bonds Diverge It wasn’t that long ago the markets anticipated a substantial economic slowdown. The 20% or so plunge in equities was coupled with a sizable drop in Treasury Bond Yields. Something odd is going on. Most key equity indexes are approaching all-time highs. Bonds yields, on the other hand, are breaking […]
Major Indexes Continue Record Surge The Nasdaq closed higher for the 10th straight week last Friday, the longest such streak in 20 years. During that time, it gained 21%. The panic and freefall during December are replaced by complacency and greed. It’s an Alfred E. Neuman type of market. “What, me worry?” Every major index […]
Another October Stock Market Crash? “Take Your Money Off The Table Before The Table Takes Your Money Off of You!” The Charts of the Major Indexes below demonstrate clearly why we have constantly warned of all these “Ascending Wedge” Patterns, “Reverse Wave” Patterns, and the much misunderstood “Hindenburg Omen”. These are the fingerprints of an […]
The Dow Jones Industrial Average Makes New All Time Highs: Is The Bull Market Resuscitated? On Friday, September 21st, the Dow Jones Industrial Average set new all-time highs. That same day, the Nasdaq 100, Standard & Poor’s 500, and the Russell 2000 recorded losses. The fractured and non-uniform nature of the markets continues in plain […]
Tipping Point (Part 5): For Whom The Bear Market Roars? “Times, they are a changing.” (Dylan) With the exception of Precious Metals, which we covered yesterday (https://markonomics101.com/2018/09/16/inflection-point-part-6-what-precious-metals/), the “Inflection Points” are essentially at their completion. To be more precise, there actually is no such thing as an “Inflection Point”. It’s more of a process that […]
Tipping Point (Part 3): Equities Flash Danger An old Wall Street adage says: “no one rings a bell at the top“. Those who try to pick tops, eventually not only fail in that effort but suffer tremendous losses in the vain attempt to be able to say that they sold at the top. I’ve learned […]
Tipping Point or Tripping Point? Equities Surge To New Highs. While there may be a million reasons to come to a certain conclusion with regard to analyzing prospective market trends, the ultimate arbiter is market action. In today’s trading, Mr. Market stuck out his tongue at our case for equities , “Inflection Point (Part 1): […]
