The question confronting investors right now is whether the lateral trading range in the major indices represents consolidation of the long-term uptrend, which precedes an eventual upside breakout from the range?
The past year has seen its fair share of worries. From the China slowdown to the Brexit, successive waves of overseas fear have rolled onto our shores since 2015, yet none of them were the Tsunamis the bears had predicted.
A fiery debate rages among investors over the question of central bank stimulus. The question is whether the stock market needs stimulus in order to advance, and is stimulus only creating a bubble which will burst at some point and...
Let’s turn our attention to the global economy. Last week the Bank of England said it would buy 60 billion pounds of government debt in order to cushion the economy against the impact of the recent Brexit vote. England and the European...
Aug 3 – Clif Droke, Editor of the Momentum Strategies Report, is a recognized authority on moving averages and internal momentum, having authored a few dozen books on practical trading advice for investors. In this interview, Clif...
One of America’s most prominent hedge fund managers is betting the farm that China’s economic troubles are far from over. His bet centers around the US dollar and by extension several Asian currencies. What happens to...
Among the biggest relative strength leaders in the US broad market right now are the home builders and REITs. The US real estate sector is heating up and is also beginning to attract “hot money” inflows from foreign investors looking...
The last year has been a scary time to be an investor. In 2015, the slowdown in China’s economy caused undue apprehension to investors and contributed to a nausea-inducing rollercoaster ride which began last July and has continued until now.
Everywhere one turns there is evidence of widespread rage and frustration. The peoples of Europe and the Americas in particular are aggrieved at their political lot and are becoming increasingly angry. What was once a simmering...
In the six years since the recovery began, there has been endless debate over the strength of the US economy. There are basically two sides of the debate. Those taking the positive side maintain the economy has almost returned to...
A CNN Money article this weekend provided contrarian investors with a moment of clarity. “Trump and Cruz predict stock market ‘crash’” the headline proclaimed. Contrarians couldn’t find a more emphatic statement of mainstream...
It’s a trite saying but a profound one all the same: “History always repeats.” We’ve all heard this bromide countless times, yet how many of us have truly pondered its significance? The truism that history tends to repeat itself over time is...
Since bottoming in February, the stock market “tape” has been very constructive. The NYSE advance-decline (A-D) line led the rally off the February lows, which is the first thing we look for when judging the strength of a bottom.
The broad equities market has gotten a respite from the selling pressure which plagued it for the last few months. Some of this can be attributed to the Kress cycle “echoes” which we reviewed earlier this year. The echoes
As the global market crisis continues, the danger posed by this crisis to the US economy continues to be underestimated by economists and central bankers. A report recently showed that US job openings surged in December and the number of...
Jan 28 – Clif Droke, Editor of the Momentum Strategies Report, is a recognized authority on moving averages and internal momentum. In this interview, Clif discusses the technical backdrop of the market and why he thinks a “bear market...
Investors are worried over the prospects that the long-term momentum behind the stock market recovery of 2009-2015 may be in danger of complete dissipation this year. That would mean a certain date with an extended bear market...
To many economists, the biggest mistake the Fed has made has been a lack of aggression in raising interest rates. After all, they reason, the US job market is as strong as it has been since 2007 and the economy, even if sluggish, is at least back...
The most important question investors should be asking at this point isn’t whether the secular bull market which began in 2009 is over, but whether continued equity market weakness in 2016 will lead to the unthinkable, namely an economic recession. A recession in 2016 has been deemed...
Stocks are trying to live up to the expectations for a year-end “Santa Claus” rally. Most of the market’s improving internal condition is due to the latest strength in the energy sector, with the NYSE Oil Index (XOI) rallying some 6% from its recent lows. Although recent trading volume has been far...
