Recent news from the World Economic Forum (weforum.org) has outlined recent core global economic functions and relationships (https://www.weforum.org/agenda/2017/03/worlds-biggest-economies-in-2017). We found this interesting in both...
Many markets are struggling with over-bought and over-sold conditions…but with reversals in view.
Currently, the short-term trend for the SPX is NEUTRAL. The intermediate and long term trends are still very BULLISH! There is No trend, in the market, at this time. It is neither overbought nor oversold.
The United States is the world’s largest and most diversified economy! It is currently suffering through a protracted period of slow growth which has held down job creation and labor market participation. The Pew Research Center reported...
Friday’s, April 7th 2017, poor jobs report was really nothing new. It released yet another terrible job report showing that only 98K new jobs were created in March of 2017. Wall Street expected 180K new jobs. It continues to be a very...
Back in early February 2017, we posted an article to all our members about how our analysis showed a very strong potential for larger price swings with the potential for a massive explosion in the VIX indicator based on a price cycle...
The “talking heads” in the media are saying that the markets are “not supposed to be this high”. Analyst are just now raising their targets for the SPX for the rest of 2017. My long-term target, as of now, is 2550 and possibly even higher...
Raising the debt ceiling is how we ended up with a $20 trillion debt. Is the debt ceiling becoming a joke? It is the same theory as a speed limit sign that is never enforced. Short-term, there are positive consequences to raising the debt...
The Congressional Budget Office (CBO) keeps two sets of books. There is the official book which is presented to the public and the other book, the one on debt which is never released. Included in the debt book, are Social Security, ...
When the SPX breaks out above its current resistance level, it will be the next leg up in this bull market. We are currently in a consolidation period. The SPX seems to be resting for now! The "Bollinger Bands Squeeze" is now taking hold...