THE 5 STAR MARKET GENERALS MAY BE LEADING US INTO HARMS WAY! HISTORIC COLLAPSE IN MARKET BREADTH We are witnessing a startling breakdown in market breadth. It is worse than both prior to the 1987 and 2000 market draw downs. Similar to the Dotcom Bubble when it finally burst in 2000, it is being held up by […]
TRIGGER$ May 2017
ASIA’S LARGEST COMMODITY TRADER, TROUBLED NOBLE GROUP IS LIKELY DRIVING SILVER DOWN
ASIA’S LARGEST COMMODITY TRADER, TROUBLED NOBLE GROUP IS LIKELY DRIVING SILVER DOWN — SOURCE: 05-15-17 ZeroHedge – “Was Asia’s Largest Commodity Trader The Big Silver Seller?” — We first brought the world’s attention to Noble Group in 2015, as commodity markets crashed and what was Asia’s largest commodity trader faced near-bankrutpcy as trading partners […]
MAY S&P 500 TARGETS
MAY S&P 500 TARGETS TARGETS S&P500 THERE IS POTENTIAL FOR Q3 2017 FINAL LIFT TO ~2475 Based on MAJOR Trump Tax Announcement Occurring in Q3 2017 INITIAL DOWNSIDE MOMENTUM TEST = 2325 CONSOLIDATION SUPPORT = 2250 INTERMEDIATE CRITICAL SUPPORT POSSIBILITY IN Q2 2017 = ~2130 OUR S&P 500 of 2475 WITH A TRUMP TAX PLAN […]
MAJOR CURRENCY REALIGNMENTS APPEAR UNDERWAY
MAJOR CURRENCY REALIGNMENTS APPEAR UNDERWAY Shift Away from US/Canadian Dollar to Euro/Pound BACKDROP As the MACRO SURPRISE INDEX fell dramatically and aggregate Treasury complex positioning (in 10Y equivalents) shifted back into bearish territory in the last two weeks — The Eurodollar shorts (bets on rate hikes) increased back near record shorts… However, while Eurodollar shorts (rate […]
HISTORIC COLLAPSE IN MARKET BREADTH
HISTORIC COLLAPSE IN MARKET BREADTH We are witnessing a startling breakdown in market breadth. It is worse than both prior to the 1987 and 2000 market draw downs. Similar to the Dotcom Bubble when it finally burst in 2000, it is being held up by a hand full of stocks which were referred to in 2000 as […]
BREADTH HAS COLLAPSED – 10 COMPANIES ACCOUNT FOR 46% OF S&P 2017 RETURNS
BREADTH HAS COLLAPSED – 10 COMPANIES ACCOUNT FOR 46% OF S&P 2017 RETURNS –SOURCE: 05-11-17 ZeroHedge – “Just These Ten Companies Account For Half % Of The S&P’s 2017 Returns” — Two weeks ago – as of April 28 – we presented readers with a striking statistic from Goldman Sachs, showing just how much breadth […]
HOW COLLEGE HAS BECOME A RACKET!
HOW COLLEGE HAS BECOME A RACKET! I recently highlighted the STUDENT SERVITUDE SHAM operating in America but since then our continuing investigation (which I will summarize below) has forced us to more appropriately label it a “racket”! We define “racket” as a business activity which is misleading, not fully “above board” and takes advantage of […]
FORCED TIGHTENING OF LENDING STANDARDS CONSISTENTLY POPS A NEGLIGENT AUTO INDUSTRY
FORCED TIGHTENING OF LENDING STANDARDS CONSISTENTLY POPS A NEGLIGENT AUTO INDUSTRY The trends and negligence are always the same in every auto cycle. The auto industry deserves the reputation it has acquired and no doubt entities such as “Government Motors” will soon return to the government feeding trough. After the government bails out failing players, creates […]
BofAML SEES: “THE FIRST STEP TOWARD MARKET EUPHORIA!”
BofAML SEES: “THE FIRST STEP TOWARD MARKET EUPHORIA!” KEY FOCUS: “The recent inflection from skepticism to optimism could be the first step toward the market euphoria that we typically see at the end of bull markets and that has been glaringly absent so far in the cycle.” The Sell Side Indicator is based on the […]