Obama Is Bad for the Economy - Barron's [View article]
Republicans all know that creating a massive amount of debt leads to gains in productivity. People would just relax and retire if they didn't have debts to repay. It will be important for our grandchildren to be very, very productive.
Bear Bottom Yet to Be Seen - Barron's [View article]
If this market doesn't doesn't decline at least 20% more, I see a stagnate market developing for at least the next 5 years. Oil $ is too much of a burden. There's no reason to be holding long positions in this market until at least that 20% additional correction comes.
I expect a major decline coming within the next 8 weeks to a new lower trading range. Bear market charts make a major move lower to a new trading range about every 6-7 months. The volume will inevitably dry up late summer.
Isn't the average bear market decline over 35%? Considering that this will probably be one of the worst bear markets in US history outside of the Great Depression, the markets have quite a bit more to fall than just the current relatively puny 20% decline.
Financials won't rally until 2009, neither will the market. The investment banks are going to be heavily, heavily regulated now - so you won't see them rally huge.
This will be the most volatile year most of us have ever seen.
Finally a bank comes out to state what most of us bears already know about where these bloated markets should be trading at.
The entire world has neglected true inflation rates. It's time for these markets to come back to reality - back to real, sustainable growth - and not paper growth.
If you look at historical charts, about twice every decade, the stock indexes plunge about 35% from the top. This current market is considered to be almost an equal %wise to the Great Depression in housing asset devaluation... That index run-up was totally manipulated - volume has been 1/3 of a true, expected rally's volume.
Consumer is staying at home because he can't afford gas to get to the stores, and because his house has negative equity - he can't take out a new loan to buy more junk. American home and equity assets are still 15-20% over-valued. We have another big leg down coming this summer.
Wednesday Outlook: How Far Can Bulls Take It? [View article]
David, I truly enjoy reading your analysis of the daily market action. As a visual learner, I really appreciate the charts you put up. Thanks for taking the time to do this!
I was thinking the same thing about the DOW yesterday...that's the easiest one for the PPT to manipulate. The PPT seems to usually target just one of the indexes...then the others reluctantly follow and slow their descent.
The Most Bullish Sign I've Seen In Awhile [View article]
People were extremely bearish when the S&P500 was at 1576 just a few months ago. American assets are overvalued by 30-40%. With the current liquidity issues, not even the FED can keep this bubble inflated too much longer. Houses in Las Vegas are worth half of what they were in early 2006. Miami and Las Vegas are the canaries in this gloomy market shaft.
Obama Is Bad for the Economy - Barron's [View article]
People would just relax and retire if they didn't have debts to repay.
It will be important for our grandchildren to be very, very productive.
Bear Bottom Yet to Be Seen - Barron's [View article]
I expect a major decline coming within the next 8 weeks to a new lower trading range. Bear market charts make a major move lower to a new trading range about every 6-7 months. The volume will inevitably dry up late summer.
Three Themes I'm Tracking for Signs of a Reversal [View article]
That Was Ugly [View article]
The Rally Could Be Here... For Now [View article]
Financials won't rally until 2009, neither will the market. The investment banks are going to be heavily, heavily regulated now - so you won't see them rally huge.
This will be the most volatile year most of us have ever seen.
Options Trader: Wednesday Outlook [View article]
The entire world has neglected true inflation rates. It's time for these markets to come back to reality - back to real, sustainable growth - and not paper growth.
Preparing for the Fall [View article]
That index run-up was totally manipulated - volume has been 1/3 of a true, expected rally's volume.
What's Behind this Buying Frenzy? [View article]
Commodities market is tiny. It wasn't built to handle the amount of money that's pouring into it.
Consumer Confidence Plunges - A Buy Signal [View article]
The SnP500 needs a major correction IMO to attract investors. You'd be better off in foreign index ETFs until that huge correction comes.
Time To Abandon Stocks? [View article]
True inflation is fluctuating between 7-12%. How does this help create a bullish market?
1990 All Over Again? [View article]
10 Reasons to Be Bullish on Stocks [View article]
Wednesday Outlook: How Far Can Bulls Take It? [View article]
I truly enjoy reading your analysis of the daily market action. As a visual learner, I really appreciate the charts you put up. Thanks for taking the time to do this!
Tuesday Outlook: Market Manipulation? [View article]
The Most Bullish Sign I've Seen In Awhile [View article]