The dilemma is: Do we trust indicators and technical analysis (up trend continues) or our “Gut Instinct” that a big correction is coming? I address this dilemma and give my answer in this weeks video analysis and market...
Fed Chairman Powell said “GDP could shrink more than 30%,” but he doesn’t see a Depression. Well, that is a ridiculous statement. The technical definition of a Depression is “GDP contraction of more than 10% in a given year and economic...
Lot’s of news for the market to absorb. But, before long I expect the full impact of the Corona-virus shut down to begin to impact the market and that this will cause us to go below the March lows. Watch the latest video update for my...
Overnight S&P 500 futures are down, indicating a down open Monday, 4/13/20, morning. This could be the beginning of “C” wave of the correction. Earnings season is kicking off this week and all eyes will be on the forward looking forecasts of the...
