Chris Ciovacco

Contributor since: 26 Feb 2010

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• Deal With Creditors Not End For Greece

  Published 30 January 2012 | viewed 0 times

  Let's assume Greece and its private creditors reach a "deal". That deal is far from the final hurdle to preventing a Greek default. According to…

• Last Time Bullishness Hit These Levels...

  Published 23 January 2012 | viewed 0 times

  Zero Hedge posted a TrimTabs video on January 20. TrimTabs reports on supply and demand of shares of stock and money available for investment. Some…

• Fed To 'Hold Off' On QE

  Published 20 January 2012 | viewed 0 times

  We noted extreme levels of optimism earlier today. What could possibly trigger a correction in stocks and commodities? If the Fed fails to signal and/or…

• Central Banks Putting Taxpayers At Risk

  Published 16 January 2012 | viewed 0 times

  With last Friday's downgrades of European debt, the pressure from leaders, such as French President Nicholas Sarkozy, on central banks to print more money will…

• Yields/Cycles/Sentiment Say Gains May Not Last

  Published 06 January 2012 | viewed 0 times

  Numerous markets and time frames still point to lower lows in stocks later in 2012. We believe the S&P 500 could push above 1,285 toward…

• Is The Fed Bailing Out Europe?

  Published 04 January 2012 | viewed 0 times

  With the S&P 500 heading toward the October lows on the Friday after Thanksgiving, the ever market manipulating central banks just had to do something.…

• Euro Holds Key For Stock Rally

  Published 28 December 2011 | viewed 0 times

  The best way to monitor the sustainability of the current push higher in stocks (SPY) is to keep an eye on the euro and U.S.…

• Bond Market: Europe To Remain Problematic For Stocks In 2012

  Published 23 December 2011 | viewed 0 times

  Wall Street tends to segregate "bond-guys" from "stock guys". The bond side of the market tends to be more conservative; they also perform more detailed…

• European Debt Is 'Obviously Unserviceable'

  Published 23 December 2011 | viewed 0 times

  Referencing Kyle Bass' work in a December 18 video, we noted numerous countries have an unstable combination of debt and revenue relative to the size…

• Back-Door Bazooka: The EU Solution?

  Published 19 December 2011 | viewed 0 times

  The concept of a "back-door bazooka" is based on a recent policy change made by the European Central Bank (ECB). Reuters summed up the pros…

• Precious Metals Patterns Could Weigh On Stocks

  Published 14 December 2011 | viewed 0 times

  If you own stocks, you want gold and economically-sensitive silver to perform well. Weakness in precious metals is reflective of diminished concerns about future inflation…

• Currencies Favor Bears Longer-Term

  Published 12 December 2011 | viewed 0 times

  The correlation between the S&P 500 and the euro has been running extremely high in recent months. Therefore, if the euro can mount a sustained…

• Can The EU Pact Offset Bearish Momentum?

  Published 09 December 2011 | viewed 0 times

  The Europeans have "agreed to" another stability pact during another summit. But like most of their recent summits, they were high on rhetoric and short…

• ECB and Dow Theory Undermine Bulls

  Published 08 December 2011 | viewed 0 times

  This morning's activity in the S&P 500 futures underscores what the market cares about. The market is not focused on employment (better than expected this…

• Outlook Still Favors Bearish Outcomes

  Published 21 November 2011 | viewed 0 times

  Numerous problems are facing investors: The flawed structure of the Eurozone is coming back to haunt global leaders. The markets want the European Central Bank…

• SP 500 1,215 and 1,191 Key Support

  Published 10 November 2011 | viewed 0 times

  As shown in the chart below, the S&P 500 held at a logical level on Wednesday. Even if stocks eventually break the October 4 lows,…

• Gold, Treasuries Still In Bearish Camp For Stocks

  Published 04 November 2011 | viewed 0 times

  The video below explores the current ratio of gold (GLD) to Treasuries (TLT). The ratio helps us monitor the battle between: Inflation via GLD and…

• Low QE2 Volume and Inside Day Point To More Downside

  Published 03 November 2011 | viewed 0 times

  The media likes to imply the Fed is on the verge of cranking up QE3. Here is Reuters take on Wednesday's Fed statement and press…

• Fed, Markets Concerned About Deflation

  Published 02 November 2011 | viewed 0 times

  As we noted on November 1, a rally back toward 1,250 is well within bear market bounds. How we rally (volume, conviction, etc.) will tell…

• Ominous Signals for Silver and Stocks

  Published 21 October 2011 | viewed 0 times

  On October 20, we outlined several divergences and hurdles for the stock market to overcome. Since silver has more real world uses than gold, silver…