How Low Could the S&P 500 Go?
Our target for the first half of 2019 is and has been the 2100 to 2200 area for the S&P 500. A friend asked... I've been meaning to ask (and…
Previous articles and posts of interest.
Our target for the first half of 2019 is and has been the 2100 to 2200 area for the S&P 500. A friend asked... I've been meaning to ask (and…
The macro has moved through a time of moderately rising inflationary concerns when economies were cycling up, many commodities were firm and risk was 'on'. Contrary to the views of…
"The Harbinger of Doom"? Of course we (well, the media) are talking about the yield curve AKA Amigo #3 of our 3 happy-go-lucky riders of the macro. I have annoyed…
[edit] See also Among the Crickets, Gold Bears Roam a Barren Landscape, posted on 11.23.18. All through the bear market hopeful rationalizations were served up for a bullish case on…
[edit] Also see this post on inflation/deflation excerpted from NFTRH 525, hot off the presses. Crude Oil and Industrial Metals continue downward. This is significant per this NFTRH monthly chart…
It's an over obsessed upon commodity, previously hyped for its (Hubbert's) "peak" status by "experts" like T Boone Pickens and a whole clown show of promoters amplified by the media…
Excerpted from the Market Internals segment of this week's Notes From the Rabbit Hole, NFTRH 522. The segment focused on the bond market and its macro signaling this week. There…
We began the Amigos theme last year in order to be guided by the goofy riders during the ending stages of a cyclical, risk-on phase that was not going to…
Here is GDX holding the parameter we laid out for it in a subscriber update on Oct. 8. Today GDX is declining back to a test of the support zone…
Stock market bulls are getting dope hammered and that may be just what the contrary bullish * Treasury bond market needs. Here we reside, above the Continuum's ™ limiter. Everybody…
The flattening yield curve has attended the boom in the US economy and the bull in the US stock market. A change in the flattening status will change the dynamics…
It has been a long while since the last Amigos update because frankly if the characters, images and shticks I invent to portray market status begin to wear on me…
Here is the thing everyone is talking about; a spike in long-term yields to the highest point yet. This chart - if you want to apply chart patterns to interest…
My favorite segment to write is the one near the end of the report, after all nerd stuff is finished and we informally (brief notes) look at stock charts from…