Mar 8, 2019
Sideways trading generally muddies the waters, but this time the opposite happened. Starting on February 27, the sideways grind actually provided some clarity as the S&P carved out a pattern that suggested a ‘pop and drop’...
Mar 8, 2019
Classical technical analysis and Elliott Wave theory have spotted something similar in the stock market https://www.marketwatch.com/story/this-sp-500-pattern-suggests-a-pop-and-drop-for-stocks-2019-03-07?mod=stocks
Mar 8, 2019
Does the recent risk asset rally alter the effervescent particulars? Hardly. If anything, it may be fooling more folks into believing that future financial market bailouts will work precisely when the S&P 500 plummets -19.9%. (Long live the “Fed Put.”)...
Mar 6, 2019
Liquidity Trumps Fundamentals The market has been back in risk-on mode but with some strange internals as well as an ongoing disconnect with fundamentals. It has priced in a joyous cornucopia of Goldilocks assumptions: A return to global central bank liquidity...
Mar 5, 2019
We’re Not Borrowing Ourselves Rich; We’re Borrowing Ourselves Broke Peter Schiff has been saying that despite the recent stock market rally and all of the optimism about an end to the trade war, a recession is a done deal. There is plenty of...
