A Distinction Without a Difference

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...

The Uncertainty is Certain

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...

Market Update 4-12-2020

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...

Market Update 4-5-2020

Market volatility continues. Breaking news rules the day for now. Most opportunities are very short term. See my latest video update for key levels to watch for. As always, I welcome your questions, comments and feedback!...

Real Traders Don’t Panic – They Profit

Plenty of things to be freaked out about.  But in our trading, there is no reason for fear.  The current market volatility is giving us some great opportunities.  Check out my latest Video podcast for my comments and analysis.   If you are not currently a...

It ain’t over by a long shot

Wow! America is basically shut down. The President has declared a national emergency. The Fed has, for the second time, announced an unprecedented “out of cycle” rate cut, now to 0.0 – 0.25% And . . . the market is not responding well. Overnight Dow...

Wow – That is Volatile!

Wow! S&P 500 and DOW futures are down over 4% in the overnight session, and Oil Futures are down an unprecedented 20%. What does this mean for trading and a longer term forecast? My latest update and analysis are in today’s video: What are your thoughts? I...

It took a bug

The Coronavirus outbreak is causing concern in the market (not to mention other parts of society as well.) In this week’s update, I review the charts from a technical perspective and call out the other things to watch for as well. Here is the video update: Your...