Category Archives: Info On Stock Market

A week ago we talked about markets that were “itchin” to go somewhere. Well, they’ve managed to bleed up some to the point where both the SPX and INDU are on the precipice of an upside breakout…or a breakdown. Yes, funny as that sounds, the broad indices are at a point where one side or […]

Early this week Fed Chief Bernanke was asked if he regretted coining the phrase, “Fiscal Cliff.” Determining that “less” was better serving to the public than “more,” he succinctly answered “No.” Well done Ben…way to be transparent to the peeps. K, cheap shots at Ben are too easy…have to put “no low-hangin fruit humor” on […]

Last week we referred to the post-election price activity as half-ugly, but warned it’d get butt-ugly if we saw further slippage. Well, the Nasdaq COMPX has slipped into correction territory and the INDU and SPX are headed there quickly, each down over 8 percent and now both decidedly below their 200-dmas. By any measure, that’s […]

Well, you can dress it up anyway you want and attribute the post-election activity to myriad factors, but whatever your thoughts and outlook, price action on the broad US indices has further retrenched and found itself back to some seriously important support levels. Not a stretch to call it ugly. Both the INDU and SPX have retraced just […]

Swing and a miss. Nope, I’m not talking bout the World Series, given that my beloved Yanks are sitting at home after a dispiriting butt-kickin delivered by da Tigas. No, that would be the sound of earnings disappointments that have come down the pike so far—none bigger than yesterday’s little fiasco sponsored by Apple. Now […]

Well, another week, another debate, more mixed signals and the seemingly inevitable crash I referred to last week finally came to pass… Aaahh, scratch that. No crash… I did say color me skeptical at that time…and quite a bit more. Truth is that despite the myriad headwinds and legitimate reasons this market should turn tail […]

Finally, the long anticipated crash has arrived and stands ready to start inflicting some serious whoop-a_s on those peeps silly enough to believe that equities remain posed still to take on their all-time highs. Such a notion is pure madness…just look at the action over the past couple weeks—speaks for itself! Hmmm, color me “not […]

Yes, I know you may be a little sick of it, but there is a reason I keep harping on both Gold and Crude. They’ve acted as fairly prescient proxies for currencies and economic conditions/ expectations for quite some time and stand a good chance of continuing to do so looking ahead… As such, we […]

Back at the end of August I talked about the apparent short that might be setting up in light sweet crude (“Tempted” – published on September 5th), given the lay of the land and the map at the time. Although a short certainly looked tempting, and I know more than a few peeps that played […]

A few weeks back we looked at Gold, which had staged a rally that had many questioning sustainability. At the time I talked about the fact that Gold had been a “tell” on the equity market bull run that started during 2Q09 and wondered if in fact it might do so again. We all know […]