Markets

Aug 16, 2015 at 18:08

At the peak of bull markets, when stock prices have been rising long enough for people who just recently started paying attention to conclude that they always go up --…

Aug 16, 2015 at 17:50

Elliott Wave FLAT structure is the corrective pattern which is often seen in the real market. There are 3 types of Flats ...

Aug 16, 2015 at 17:48

It is safe to say that the market, as represented by SP500, has been hesitating (see Fig. 1) and "the frenzy of optimism" seems to be receding, i.e., the best…

Aug 16, 2015 at 17:46

Stocks fluctuated wildly up and down due to geopolitical and currency concerns. While low inflation concerns may be a thorn in the Fed's side, the domestic economy continues to chug…

Aug 16, 2015 at 08:12

In this update we are only going to look at one chart, because I don't want to dilute its impact by including anything else. There are many other charts supportive…

Aug 16, 2015 at 07:01

The government issued their monthly retail sales this past week and four of the biggest department store chains in the country announced their quarterly results. The year over year retail…

Aug 15, 2015 at 17:20

The University of Michigan consumer sentiment numbers came out today. Sentiment is down again this month, albeit slightly. Yet, confidence remains at a lofty level. Economists claim high sentiment numbers…

Aug 15, 2015 at 17:07

China's recent move to devalue the yuan has sent shock waves through the global financial markets and has convinced most observers that a new front in the global currency wars…

Aug 15, 2015 at 09:22

There is not much to go on this week. Both the breadth indicators and seasonality are indecisive, but both are modestly positive. I expect the major averages to be higher…

Aug 15, 2015 at 08:12

The developing events over the past few months are so varied, seemingly unrelated but are all tied in, just not in a cognitive manner that makes sense, and almost all…