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Look Out Below
There is nothing fundamental about this crude rally; it’s just a "run of the mill" speculative bubble now. It will go and go until the tide turns on it and the over-leveraged will be found naked and...
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Midweek Market Update Report
We now know (again more on this later) this is a new Investor Cycle, but the bear market’s fate remains unknown. If the bear market is over, then we now have a 4 Year Cycle Low behind us and in that...
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Hard to Believe
For the short term though, it’s certainly getting late in the Daily Cycle. I have a sneaking session that we might still see another 1-3 day surge next week before this Cycle tops. But the odds now...
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Today’s GDP release of a 1.7% gain underscored just how lethargic the economic recovery remains. Now 4.5 years since the last recession, the fear for the FED is that the business Cycle is in the...
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Crude Oil – Headed Lower
Ordinarily, Crude should currently be screaming higher. The Dollar is down sharply, and equities have been on a tear. Yet, Crude has struggled to hold recent gains while risk markets have exploded...
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