Stocks are rallying into the open. However, the technical damage of the last week has been severe. The S&P500 crashed through its trendline (blue line). It also crashed through critical support established by the bounces in September...
Last year (2015) likely will represent the top for the bull market that began in 2009. Stocks finished the year down, representing the first down year since the March 2009 bottom
One of the most frustrating aspects of today’s financial system is the fact that the Fed is being lead by lifelong academics with no real world banking or business experience. Consider the cases of Ben Bernanke and Janet Yellen.
In 2008 the world experienced the worst economic collapse in 80+ years. This collapse triggered a stock market crash that erased $30 trillion in wealth. Since that time, collectively Central Banks have cut interest rates over 600 times and...
The US Federal Reserve (Fed) and European Central Bank (ECB) have created a very dangerous situation.
For six years the world has operated under a complete delusion that Central Banks somehow fixed the 2008 Crisis. All of the arguments claiming this defied common sense. A 5th grader would tell you that you cannot solve a debt problem by...
For six years, the world has operated based on faith and hope that Central Banks somehow fixed the issues that caused the 2008 Crisis. All of the arguments supporting this defied common sense. A 5th grader knows that you cannot solve a...
Based on the historical significance of this indicator we may be putting in a top and possibly THE top for the bull market that began 2009. The indicator concerns the monthly moving average convergence divergence or MACD.
The Fed has created a very dangerous situation. Ever since 2009, anytime the markets came close to breaking down, “someone” (read: the FED) has stepped in a propped the markets up.
In 2008, the world experienced the worst economic collapse in 80+ years. This collapse triggered a stock market crash that erased $30 trillion in wealth. Since that time, collectively Central Banks have cut interest rates over 600 times...