Markets

Sep 19, 2013 at 20:23

For years, I have been thinking that this is a perfect analogy to the falling rate of interest. At zero interest on long-term debt, the net present value is infinite.…

Sep 19, 2013 at 20:11

Movement above 1,374.17 invalidated the main wave count and confirmed the alternate. Yesterday I judged the two wave counts to have a close to even probability. It is time to…

Sep 19, 2013 at 20:09

Despite the proven ability of powerful institutions such as the Federal Reserve to dramatically manipulate and distort nearly every facet of the financial sphere, in the first of a possible…

Sep 19, 2013 at 13:11

Steen Jakobsen, Chief economist at Saxo Bank in Denmark, pinged me today with his thoughts on "the morning after" and "price discovery".

Sep 19, 2013 at 12:02

That was a huge announcement by the Fed yesterday (18th) to keep monetary policy the same and the effect on the markets was immediate and dramatic. To say that this…

Sep 19, 2013 at 11:58

Much of what is written in the parallel Gold Market update applies equally to silver and that will not be repeated here. Silver's major reversal pattern, which, like gold's, is…

Sep 19, 2013 at 10:30

Contrarians take note: The latest issue of Time magazine featured another one of those infamous bull market covers. The bull was displayed rather prominently on the cover under the headline,…

Sep 19, 2013 at 09:44

As was expected, at least in this corner, the Fed has decided not to “taper” its bond-buying program known as QE3 of $85 billion a month. The reasoning here was…

Sep 19, 2013 at 08:01

The U.S. stock market is near all-time highs, while politicians and economists are blathering about recovery, low inflation, and good times, but instability and danger are clearly visible in our…

Sep 19, 2013 at 07:42

Our market model uses numerous risk-on vs. risk-off ratios to monitor the market's risk tolerance. Markets are the mechanism that sets asset prices. It is prudent to monitor the mechanism…