» US Markets

A couple of days ago Cullen Roche at Pragmatic Capitalist, a daily must read site, posted a very interesting piece on hyperinflation stating:  “The latest reading from the Billion Prices Project clearly confirms the latest CPI readings from the government.  This index appears to debun...

About the only certainty in the stock market is that, over the long haul, over performance turns into under performance and vice versa. Is there a pattern to this movement? Let’s apply some simple regression analysis (see footnote below) to the question. Below is a chart of the S&P Composi...

The banks stocks have had a good run, leading the way along with the tech stocks since October. But having reached the resistance at their peaks of last spring are they leading candidates to lead the way down in any Sell in May and Go Away correction again this year? Recent economic reports from t...

Almost a year ago in this column I pointed out the eerie similarities in April (2011) to conditions the previous April (2010). And sure enough the similarities continued into almost identical 20% market corrections before the bull market resumed. And here we are again this year looking at eerie simi...

A year ago I was pointing out the eerie similarities in April (2011) to conditions the previous April (2010), and sure enough the similarities continued into an almost identical 20% summer correction. And here we are looking at a similar picture as March draws to a close this year. Like the last tw...

Given their overall size, the stock market and economy resemble a large oil tanker much more than a speed boat. Rather than turning on a dime or suddenly changing speed all at once, there is often an unseen and well-charted process that accompanies gradual changes in economic momentum. For investors...

During bullish market advances there is a lot of faulty analysis done in order to promote a bullish bias.  Wells Fargo Advisors today pretty much just captured the gold in this competition with this piece of lunacy via Bloomberg:  “Wells Fargo Advisors examined return for stocks over next 1...

We have written many articles in the past about market movements from both the technical and the fundamentalperspective.  Lately there has been a raft of articles about the current cheapness of the market particularly after a 3 year bull market cycle.  The question is whether this is the case o...

Stock markets in Asia and Europe had their worst week of the year last week in response to unexpectedly negative economic news from China and the 17-nation eurozone. The U.S. stock market was disappointed and pulled back some last week on reports from the U.S. housing industry that were unexpectedly...

What is it about the economic recovery so far that allows good news to last for only six months at a time before fears rise again, and the economy needs another adrenaline fix from the Fed? The pattern has been clearly reflected in the stock market, which saw its historical pattern of making its gai...

A recent news release caught my eye and I thought the story could use a little clarification. Bullish Sentiment Among Active Traders Jumps to Highest Level in Four Years, Says New Schwab Survey (Excerpt from the March 23, 2012 blog for Decision Point subscribers.) Click here for FREE TRIAL! SAN FRA...

Depending on debt to fuel nominal growth leads to an economic death spiral. Sometimes one chart says it all. Here is a chart of the S&P 500 (a broadly based measure of the U.S. stock market) in a ratio with total consumer credit, courtesy of frequent contributor Chartist Friend from Pittsburgh...