Please Assume Crash Positions
You know how to get into crash positions, correct? Here’s your guide: Very few punters expect a real downturn here in stocks. The reasons for confidence are many: the Fed has our back, buy the dip has worked great and…
Tag: S&P 500
The Stock Market 2015-2016: Ugly Chopfest with an Equally Ugly Megaphone
It’s interesting to take a longer-term view of the S&P 500 (SPX). Looking at a 10-year chart, the decline from almost 1,600 to 667 in the Global Financial Meltdown of 2007-2009 doesn’t look like that big a deal, given the…
Global Markets to Fed: No Rate Hike, the Strong Dollar Is Killing Us
There are many reasons for global markets to melt down, but one that doesn’t get enough attention is the strong dollar. In effect, global markets are telling the Federal Reserve: don’t raise rates–the strong dollar is killing us. Here’s the…
Is This a Blow-Off Top? Four Ways to Tell
Those who lived through the last two speculative blow-off tops know the impossibility of predicting the final top. How can we tell if stocks are in the final blow-off stage of a bubble? There are four basic give-aways: 1. Parabolic…
Complacency Reigns Supreme–Nothing Can Possibly Go Wrong, Right?
So by all means, buy the dip now that the VIX soared in full-blown panic from 12 to 17. One of the more remarkable features of the Bull market in stocks is the ascendancy of complacency and the banishing of…
Complacency Reigns Supreme–Nothing Can Possibly Go Wrong, Right?
So by all means, buy the dip now that the VIX soared in full-blown panic from 12 to 17. One of the more remarkable features of the Bull market in stocks is the ascendancy of complacency and the banishing of…