With the “generals” finally meeting their reality-maker, investors appear to be questioning the DotCom bubble-like highs as momentum collapses. “Exuberance has turned to panic pretty...
With the S&P 500 down by 9% on the year by February 10th, we’re off to the worst start since the recessionary year of 2008 (at least on the Gregorian calendar); it’s too early to tell for the ...
What is “the gold standard?” Many readers would consider this a simple question and perhaps even an obsolete one. It is for precisely this reason that a mere definition is inadequate as an answer....
The story of the post-crisis economic period is simple: The housing boom left the household sector mired in a deep debt hole. This was further exacerbated by the leverage Wall Street added on top of t...
The Stock market is at do or die support. With the S&P 500 right at do-or-die support per this chart (absolutely critical, but not particularly strong support), I have done more flattening out aft...
Before the US market opened, Japan’s Nikkei had posted a -5.40% plunge for the day. The Nikkei is in a bear market, down 22.9% from its interim high in late June of last year, and it has taken a...
The gap down had set up for a big bearish move lower, but the collapse never appeared. Instead, lows held as support. On the flip side, an attempt at a rally couldn’t get off the ground, but mar...
Several weeks ago, a comment provider ripped into me for being a left-wing nut job. What did I do to draw his ire?I explained that the tapering of QE3 and the 0.25% rate hike bump – modest stimulu...
Here are the possible outcomes for the current ’rounded bottom’ for spot gold. If it has a retracement that successfully returns to set a new high for this leg of the market we will have a...
Clorox (CLX) has increased its dividend for nearly 40 straight years and owns some of the most well-known and recession-resistant consumer brands in the country. The company is a fraction of the size ...