Cliff Droke
Clif Droke is the editor of the three times weekly Momentum Strategies Report newsletter, published since 1997, which covers U.S. equity markets and various stock sectors, natural resources, money supply and bank credit trends, the dollar and the U.S. economy. The forecasts are made using a unique proprietary blend of analytical methods involving cycles, internal momentum and moving average systems, as well as investor sentiment. He is also the author of numerous books, including “2014: America’s Date With Destiny.” You can view all of Clif's books here. For more information visit www.clifdroke.com.
Cliff Droke Articles
Have cycles have been overpowered by central bank intervention? This is a question that many investors have been asking in view of the stock market's relentless strength since November.
The Dow reached an all-time high of 14,253 on Tuesday and naturally, the financial press drew lots of attention to this fact. Conspicuously absent from the media attention, however, was a complete lack of enthusiasm. The perma-bull...
A prominent feature of the stock market recovery since 2009 has been the declining trading volume trend. NYSE trading volume has visibly diminished over the last four years after reaching a climax in March 2009 (see below chart).
Many investors are wondering what has been behind the relentless rally in stock prices. Look no further than corporate profits.
Consider that in the third quarter of 2013, corporate earnings were $1.75 trillion, up 18.6% from a year ago....
Recently I asked a question that I suspect many followers of the Kress cycles have asked at some point. Here it is:
The fiscal cliff, tax increases, the debt ceiling, missed earnings – investors certainly have had much to worry about lately. So why in spite of these fears has the market continued to rally?
There's a Wall Street bromide that...
Dow Theory is one of the oldest forms of Technical Market Analysis. The theory was originally devised by Charles Dow, founder of the Wall Street Journal, over 100 years ago. While there are six major tenets of the Dow Theory, the most...
Some have called it the Age of the Central Bank. Record monetary stimulus interventions in recent years have propelled the stock market to levels not seen since the 2008 credit crash. By whatever name you call it, central bank...
Recently I was asked a question that I suspect has been on many investors' minds. Here's the question: "Is it possible that the bond market will be the market to tumble into 2014, and as it does, the general market decline is mitigated by...
Call it the "shot heard round the world." Its aim was ostensibly to reduce the U.S. budget deficit, its effect was tantamount to a bullet in the chest of the consumer recovery.
