Wednesday, 30 September 2015

Wednesday 30September2015 - SP500 Blast From the Past!

Below is a chart I constructed a few years ago of the 2007-2009 Bear Market as it played out with the SP500 Index. The wave structure is based on Elliott Wave Theory.
This is just a real life example of how the previous major bear market played out.

As of this past week we may now have entered a major stock market correction.
Whether we have or have not will unfold in the coming weeks and months.
This chart illustrates the internal up and down legs of a major bear market in equity markets.

If we are currently entering a major bear market, it need not follow the timeline and percentages of the 2007-2009 bear market. The US Federal Reserve and HFT (High Frequency Trading driven by very smart computer trading algorithms) has really upset and disturbed the natural rhythms of stock markets and their relationship to economic cycles.

Posted at original size.







Wednesday 30September2015 - SP500 Index Sell Signal!

This week on a technical chart basis the SP500 Index flashed a major sell signal.
This is a chart I maintain at stockcharts.com
The signal is in the right upper corner of the chart.
Refer to details in the chart below re the signals.
Note how few of these major signals have been signalled in the past 14 years.
The only thing that might quickly reverse this signal is the US Federal Reserve kicking in with QE4.

This is a big chart. Click the chart to enlarge.
Try to view on a large computer screen. A smartphone or tablet screen is to small.


Thursday, 17 September 2015

Thursday - 17Sept2015 -  The US Fed Screws Up Once Again!

When will this charade ever end???

Clip and comment from Danielle Parks blog.

Personally I think these Central Bank thugs should be rounded up and then hung up upside down from their ankles now in Florida or later in winter Alaska to pay for their reckless management of our economies.

Monday, 7 September 2015

Wednesday, 2 September 2015

Wednesday 02September2015 - US Companies Headed for a Revenue Recession!

From Casey Research.

Click chart to enlarge.

Wednesday 02September2015 - Danielle Parks Economic and Equity Market Outlook!

Clips from her web blog Juggling Dynamite.

Click on images to enlarge.