SIGNS CREDIT CYCLE IS TURNING AS “CASH ONCE AGAIN KING”! The current S&P 500 Dividend Yield is 1.89% While: 3 Mo. Bill = 1.91% 6 Mo. Bill = 2.08% 1 Year Note = 2.28% 2 Year Note = 2.56% 5 Year Note = 2.90% 10 Year Bond = 3.05% Courtesy of ZeroHedge Courtesy of […]
MAY 2018 S&P 500 TARGETS TARGETS S&P500 THERE IS A POTENTIAL FINAL UPSIDE HIGH OF ~3052-3200 BY YEAR END 2019 IN THE SHORTER TERM A SUPPORT TEST OF ~2500 (400 DMA) IS POSSIBLE BUT UNLIKELY The Elliott Wave Count suggests that a final wave in second half 2018 could take the S&P 500 above 3000 […]
MAY ELLIOTT WAVE: S&P 500 ATTEMPTING TO BREAK “CONTINUATION TRIANGLE” TO THE UPSIDE
MAY 2018 UPDATE: MONTHLY CONTINUATION TRIANGLE BREAKAGE TO BE WATCHED
IS THE SUPPLY OF GOLD DEPLETING? — SOURCE: 05-06-18 Gold Telegraph – “Is the Supply of Gold Depleting?” — The demand for gold is increasing, yet new discoveries of the precious metal have not kept pace with the demand. Funds for exploration are historically high, $54.3 billion, up 60 percent over the past 18 years. The increased […]
VIX BACK TO 13 & BREAKS BELOW KEY 200 DMA TECHNICAL SUPPORT — SOURCE: 05-10-18 ZeroHedge – “VIX Breaks Below Key Technical Support” — Despite the world’s elites decrying President Trump’s decision to withdraw from the Iran nuclear deal – fearful of the kind of Middle East instability already witnessed last night between Israel and […]
INDEX FOR USED CARS & TRUCKS HAS LARGEST DECLINE SINCE MARCH 2009 The index for used cars and trucks fell 1.6 percent in April, the largest decline since March 2009. The recreation index fell 0.4 percent, the largest decline since December 2009. The index for airline fares fell 2.7 percent in April, and the new […]
TRUMP TAX CUT HAS LIKELY DEFERRED CRISIS BY ONE YEAR I have selected some excellent charts from the work of Lance Roberts, who I hold in high regard. However, sometimes we interpret the same facts in a different fashion based on our experience. Even if all our facts are correct, our conclusions may be completely […]
IN-DEPTH: TRANSCRIPTION – PRIVATE DEBT & THE FEEDING OF ZOMBIE CORPORATIONS – PART II COVER AGENDA SLIDE 5 What is a a Zombie Corporation? The best definition is from the Bank of International Settlements: ” It is a listed firm, with ten years or more of existence, where the ratio of EBIT (earnings before interest and […]
US INFLATION STATUS: CORE CPI, SERVICES, GOODS, PCE, & FED’S UIG — Abstracted from: 05-08-18 -“Gundlach Webcast: “Is A Recession Coming?” …. On inflation, “it’s trending higher”, and notes that if Core CPI goes above 2.25%, the entire inflation narrative is going to change as it will be “something of a breakout.” If we don’t […]
