Why S&P 500 Can Rally Back to the 2007 High As the S&P 500 hovers at its February 2011 high and the Dow toys with its May 2011 peak, many market participants are looking for an important top soon. While I am certainly aware of some good arguments for a new bear plunge–in fact I’ve [...]
Is A Stock Market Crash Possible Soon? There are significant signals in the current market that a crash or meltdown scenario could unfold sometime in the next 1-2 weeks. Crashes are rare events and nearly impossible to predict, but many elements that could combine to produce a financial market calamity appear to be present at [...]
(The following is an updated excerpt from the latest BullBear Market Report for BullBear Traders members): In the introduction to this report, I detailed many of the non-technical elements that should have happened and could have happened and almost happened–but that ultimately failed to happen–leading to a non-confirmation of an ongoing bull market. Let’s reiterate: I [...]
(The following is the Introduction to the latest BullBear Market Report for BullBear Traders members) In the last BullBear Market Report, I called for a significant correction to begin and announced that I had closed all long positions and initiated a short position. My current analysis suggests that that continues to be the correct view [...]
I’ve been long SPX since the September 2010 bottom and an aggressive buyer on pullbacks. Today I exited all long trades and went to 100% cash and then even took on a small short position. My current analysis shows ample reason to conclude that stocks and commodities are in the early stages of a significant [...]
Here’s the Introduction to the latest BullBear Market Report: In recent BullBear Market Reports I was able to successfully identify the apparent Wave 3 of (3) top at SPX 1344. I advised BullBear Trading members that I was taking 40% of my long position off the table and closing long positions in Nikkei as well [...]
With weather beaten gaze the fisherman scans the waters, watches and waits and then at the perfect moment, he casts his line. So we who are anglers for fish of silver and gold study the swirling waters and heave our hooks of small bait in hopes of catching the Big One. The marketplace in precious [...]
The top officials of the two most powerful nations on earth are to meet today and tomorrow in matters of far-reaching significance. Behind the photo-ops and the speeches there is one basic reality: China and America are joined inseparably at the hip, like conjoined twins. As in all such pairings, each head can have its [...]
How did the world-champion chess players take over prime mining land in Wyoming and Texas in a brilliant tactical maneuver? Well, who would’ve thought it? In broad daylight and without a shot being fired, Russians have taken possession of rich American uranium assets. Figuring out how they managed to do this requires the skills of [...]
Bill Gross, the PIMCO money manager, to whom it is often worth listening, cautioned this week that our nation’s leaders really don’t know where they’re going. They’re mired in the fiscal quicksands of perpetual trillion dollar deficits. I believe, as he does, that there will be more agony ahead after the present euphoria in the [...]