There's nothing to be bearish about regarding the stock market these days. I've reviewed my 9 point "Bear Market Checklist" of indicators and it is a perfect 0-for-9. Not even one indicator on the list is even close to flashing a warning sign so pop a pill and relax. There's no immediate danger threatening stocks.
Read More »Monthly Archives: May 2013
The USD is HOT! What Gives?
The US Dollar is HOT so what gives? It rallied in 2012 and has gone nuclear in 2013. According to Morgan Stanley it's because of....
Read More »Gold & Silver: Don’t Wait for the Bottom – “Average Down”. Here’s Why
You cannot control what others do, especially those in power. You can control what you do. Just keep buying, regardless of price, because if/when the price of gold and silver were to go lower, you may not be able to buy. If/when the price of gold and silver were to go higher, it may be at such an accelerated rate that any price in the past few years seem cheap. Words: 550
Read More »Stock Markets Ripe for a MAJOR Selloff – Here’s Why (+2K Views)
Despite bulls’ assertions otherwise, the stock markets are not cheap today. They are quite expensive and very overbought, ripe for a serious selloff. The S&P 500 stock index now has average valuations matching the ones seen in October 2007 when the last cyclical bull topped. Valuations should be around 12x or 13x now, 13 years into this 17-year secular bear. …
Read More »What 5 Sentiment Indicators Suggest for Near-term Movements in Gold & Silver (+2K Views)
This article brings you up to date as to the degree of current bearish sentiment regarding both gold and silver using 5 sentiment indicators (with 9 illustrative charts), as well as provides you with an opportunity to observe the price outcome of previous bearish extremes using these sentiment indicators.
Read More »Relax ! Stocks Are In NO Immediate Danger – Here’s Why (+2K Views)
Right now there's nothing to be bearish about. I say that with conviction, because my "Bear Market Checklist" is a perfect 0-for-9. Heck, not a single indicator on the list is even close to flashing a warning sign. We've got nothing but big whiffers! Take a look. Pop a pill and relax. There's no immediate danger threatening stocks.
Read More »Gold & Silver: It Could Get Uglier! Here’s What the Charts Are Saying (+2K Views)
The next chapter [in gold and silver] has yet to be written. One thing is likely to be certain, it will get uglier. The public will not be prepared for what could take a few more years to develop, and the potential for yet much lower prices for both gold and silver.
Read More »What Must Happen for Bull Market in Gold, Silver & PM Stocks to Resume? (+2K Views)
Precious metals - Gold, Silver, Platinum, Palladium and there respective mining shares - have failed to sustain any rebound despite tremendously supportive sentiment amid an extreme oversold condition. Nevertheless, we believe that the bottom is in and a rebound should begin very soon. The question though is, "What will the driving force be for a sustainable rebound which will evolve into a new cyclical bull market?" Below are several options to be considered and my assessment as to which it will be - and why.
Read More »These 5 Factors Are a Major Threat to the Stock Market, the Economy & Our Financial Security IF…
More economic fallacies than I have ever seen in my investing career are being passed off (and accepted) as profound, and more misbehavior is being tolerated - if not encouraged. Though I don't believe an apocalypse is imminent, below are a few extenuating factors that could lead to one if they [were all to] continue along the same ominous trajectory.
Read More »Latest Action Suggests Stock Market Beginning a New Long-term Bull Market – Here’s Why (+2K Views)
There are several fundamental reasons to believe that this week's stock market activity, where the S&P 500 has moved more than 4% above the 13-year trading range defined by the 2000 and 2007 highs, could mark the beginning of a long-term bull market and the end of the range-bound trading that has lasted for 13 years.
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