Markets

Jul 16, 2006 at 00:00

I have been stressing for a while, what the S&P's does with 1242 will tell me if the bigger picture has changed. At this point the S&P's have been vibrating…

Jul 16, 2006 at 00:00

The economy seems to be slowing. Will this be a mid-cycle slowdown as it has been the last two decades or will it evolve into a recession? In either event,…

Jul 15, 2006 at 00:00

The Dow Industrials completed their third triple-digit loss in a row, and are down over 4 percent over the past three days. This is what happens with wave threes, which…

Jul 15, 2006 at 00:00

There is no evidence of a bottom. I expect the major indices to be lower on Friday July 21 than they were on Friday July 14.

Jul 15, 2006 at 00:00

After making the "W of Doom" formation at its top, the NASDAQ stock market declined severely and then developed a Bearish Diamond continuation pattern. This NASDAQ Daily annotated chart has…

Jul 15, 2006 at 00:00

The retail sales data for June and for the second quarter as a whole indicate that the U.S. consumer spending binge is winding down. One factor that may finally be…

Jul 15, 2006 at 00:00

It is increasingly apparent that important developments related to the flow of speculative finance are beginning to take hold throughout the markets and, hence, the economy.

Jul 15, 2006 at 00:00

Afghanistan and Somalia share something - both have undergone long periods of lawlessness, a reflection of weak or nonexistent central governments. For the vast majority of people living in Afghanistan…

Jul 15, 2006 at 00:00

In this installment I will present the valuation model I employed to make the projections in Part I. I call this valuation model P/R. it is the ratio of the…

Jul 14, 2006 at 00:00

Since the spectacular interim tops in the precious and base metals back in early May, investors and speculators have been anxiously trying to divine just how long the metals ought…