Is History About To Rhyme? Someone wise once said that “History doesn’t repeat itself, but it DOES rhyme”. That quote, sometimes attributed to Mark Twain, is extraordinarily relevant today. The Dow Jones Industrial Average (Dow) is somewhere in the middle of a “Waterfall Decline” that began on December 1. Since then, the Dow has […]
Mr. Market’s Bear Market Rallies? When markets go down, they often cascade. Rarely a Crash (a loss greater than 10% within 24 hours) might occur, while other times it’s known as a “Waterfall” (a series of consecutive down days, none of which is greater than 10%). A Waterfall is a loss of 25% in more […]
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 […]
Equity Markets Avoid A Crash, But A Severe Bear Market Looms Ahead Previously, we had observed that many of the necessary ingredients, but possibly not all the sufficient ones, were in place for the ultra-rare event known as a “Market Crash” (http://markonomics101.com/2018/03/19/stock-market-crash-odds-grow-much-higher-it-may-be-imminent/). That analysis and the criteria it relied on, did not accurately anticipate that […]
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%, […]
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 […]
THE NEW FEDERAL RESERVE CHAIRMAN, INTEREST RATES AND POLICY: THE PERFECT EXCUSE The Federal Reserve’s Interest rate decision, and new policy announced yesterday, as reported by the Wall St. Journal […]
Notes on the Slide Show. Feel free to hit pause and read the notes, but on the Charts (Which Are Your Friends) of the Dow Jones Industrial Average and the Nasdaq Composite, pay careful attention to the PARABOLIC uptrends. Once the rate of price gain could no longer maintain its acceleration, the trend became nearly […]
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 […]
] Marko’s Take Sunday, August 15, 2010 Hindenburg Omen All Over The Financial Press