Article Archive | Page 3344

Oct 31, 2009 at 00:00

Since October 10, I have been singing a new tune and warning that "there is probably greater risk of a market down draft now than in past weeks," and…

Oct 31, 2009 at 00:00

After the apparently success of its stimulus program, China's remarkable economic recovery has many observers forecasting an even brighter future for the emerging powerhouse. China's 2008-2009 economic rebound and rising…

Oct 31, 2009 at 00:00

"Never invest your money in anything that eats or needs repairing." - Billy Rose, 1899-1966, American Composer of Popular Music When we compared the current…

Oct 31, 2009 at 00:00

The good news is: • The market is deeply oversold going into a seasonally strong period. Short Term For the last few weeks I have been showing charts that…

Oct 31, 2009 at 00:00

Market Overview: I've been talking quite a bit lately about the very nasty negative divergences across the major indexes on the daily charts. In many cases, quadruple negative divergences. That's…

Oct 31, 2009 at 00:00

I have been in South America this week, speaking nine times in five days, interspersed with lots of meetings. The conversation kept coming back to the prospects for the dollar,…

Oct 31, 2009 at 00:00

For the week, the S&P500 sank 4.0% (up 14.7% y-t-d), and the Dow declined 2.6% (up 10.7% y-t-d). The Banks were hammered for 9.1% (down 4.7%), and the Broker/Dealers were…

Oct 30, 2009 at 00:00

Friday's action could have been one of the more destructive technical sessions in recent memory. Not only did the day's weakness totally reverse Thursday's upside reversal gains, it closed on…

Oct 30, 2009 at 00:00

In the annals of stock market history, true crashes are marked by what the media has termed "black days", or days of such intense panic selling that they have become…

Oct 30, 2009 at 00:00

Hauntingly Familiar In a recent update of our analog chart of the Dow on 10/23/2009, the results show a continued haunting resemblance to the behavior in data points exhibited…