Schweizer

Tuesday Outlook: Commodities, Emerging Markets

The Obama budget was the trigger. It suppresses economic activity rather than promotes it, and it punishes anyone trying to make a profit through increased taxation to feed an ever increasing government. This is the exact opposite of what's needed.

I didn't think he was that stupid, but I am obviously wrong.

Friday Outlook: Commodities, Emerging Markets

Attention Bottom callers. Notice David's SPY monthly chart. In the last Bear Market in 2000-2003, the MACD histogram low point came 2 years before the Bear bottomed and the loss was an additional 40% from that MACD histogram low point.

The 2007-201X Bear market has yet to see the MACD histogram low point, suggesting a 40% or more drop is virtually certain.