Best of Times – Worst of Times

In “A tale of two cities,” Charles Dickens opens saying it is “The Best of Times, The Worst of Times.” The reference is the French Revolution and a contrast between London and Paris. He talks about “the spring of hope, and the winter of...

A Defiant Rally

The market continues up, defiant of all signs of global slowing. What’s up with that? Ultimately, the “why” doesn’t matter. The “what” is the reality and I will trade the reality, up or down. Here is the latest analysis and update:...

Inversion Perversion

The yield curve “inverted” last Friday, meaning the 10 year yield went below the 3 month yield. Many claim that this is incontrovertible evidence of an impending recession. You can also find many commentators advising that you ignore it – the the...

Roll Over Beethoven

A long Bull Market, a sharp correction and then an impressive recovery. That may sound like current market price action, but it is actually what we saw in 2008, right before the “big one.” The pattern is eerily similar. Will we see it again? There is no...

Happy 10th Anniversary Bull Market!

The current Bull Market will hit it’s 10th Anniversary on 3/6/19. The low of the 2007-2009 crash was put in on 3/6/2009. So, what happens next? In this week’s analysis video, I explain that I don’t have a crystal ball, but we do have some key things...