bomb

Will Hickey’s “Bomb” Finally Go Off?

Don’t get me wrong, I think the stock market is entering a dangerous window whether or not this is the start of a real correction under pains of TiC & LiC. The C30, due in September or thereabouts per my admittedly amateurish cycle work, is only one of several things leading me toward that conclusion. But speaking of “amateurish”, I have mentioned in the past … Continue reading Will Hickey’s “Bomb” Finally Go Off?

An Ongoing Negative Divergence for Stocks

The ratio of Junk to long-term Treasury bonds is an indicator of the will to speculate in financial markets. Is the large relative sell volume a sign of capitulation prior to a new stock rally as it was in June, or does it mean business this time? Regardless, Junk/Treasury ratios have been negatively diverging the stock market ever since Trump was elected president. So let’s … Continue reading An Ongoing Negative Divergence for Stocks