There are no guarantees in this game. Crashes are extremely rare events. But these are extreme times, and this particular setup calls for extreme caution.…
Last week was wild and wooly. The volatility suggests illiquidity, which at this stage is not bullish. It’s consistent with the idea I’ve espoused in…
By early Monday morning, the ES futures were trading at 2966, and had traded as low as 2925. 2950 is now critical support. If New…
Cycle alignments are still mostly bullish, but now extended. The 6 month cycle remains bullish, and already stratospheric cycle projections for the S&P and QQQ…
The Fed is no longer pumping enough money into dealer accounts to sustain bull markets in both stocks and bonds, and it has tried to…
Bullish indications mean that we must assume that the bulls remain in control until proven otherwise, regardless of the bearish liquidity forces (See latest Liquidity…
The market has now been rangebound for 5 weeks, leaving the cycle picture muddled. Wave amplitude remains relatively high, while frequency has increased. If the…
Stocks are selling off this morning but the trend still favors the bulls. Here are the parameters to watch that would confirm, or signal a…
I am rescinding the comments I made last week about the long term trend. The Fed’s commitment to maintaining a bullish trend in stocks is…
Massive Fed intervention has once again tilted the long term playing field. Evidence is increasing that we will not see the March low materially exceeded…
Short term cycles are due for tops and little pullbacks at least. If it doesn’t happen, it would be another sign that the long term…
What happens this week could tell us whether we’re in a bull or bear market. As of 4:15 AM ET on Monday, virtually all of…