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Tariff, Fed, & Facebook Fears But No Easter Bunny Tears

Tariff, Fed, & Facebook Fears But No Easter Bunny Tears

After an explosive 2017 (+19.4%) and first month of 2018 (+5.6%), the Easter Bunny came out and laid an egg last month (-2.7%). It is normal for financial markets to take a breather, especially after an Energizer Bunny bull market, which is now expanding into its 10th year of cumulative gains (up +296% since the lows […]
3 Factors Making A Strong Cash Stock Market Crash In 2018

3 Factors Making A Strong Cash Stock Market Crash In 2018

Money Managers Could Be Expecting a Stock Market Crash The odds of a stock market crash continue to stack higher. Stock investors beware, because major losses could be ahead. Capital preservation could be very important in the next few months. Investor sentiment is changing, and there’s a lot of evidence of it. This is not […]
Extremes And Divergences For The S&P 500

Extremes And Divergences For The S&P 500

Two conditions often precede market trend reversals: extremes and divergences. S&P 500 may have difficulty achieving a 10-year annualized nominal 5% return. Buying Pressure is now less than 1/2 of combined Buying Pressure and Selling Pressure, after many months of decline. Allocate Own and Loan at low end of personal investment policy Hold dry powder […]
Oil Bears – Stay The Course

Oil Bears – Stay The Course

What a day! The beginning of the new quarter, the new month and the new week was undoubtedly the triumph of oil bears. Thanks to their attack, crude oil lost almost 3% in one day, which was the biggest decline since weeks. Conversely, our subscribers were on the winning side as based on the March […]
S&P 500 Loses 200DMA, But Barely; VIX In Non-Confirmation Mode

S&P 500 Loses 200DMA, But Barely; VIX In Non-Confirmation Mode

The S&P 500 large cap index is testing the lows of February, but VIX acts nowhere near as panicky. This could be a tell for stocks near-term. The ISM manufacturing index dropped 1.5 points month-over-month in March. February’s 60.8 was the highest since 61.4 in May 2004. Manufacturing is strong. It is difficult to imagine […]
Three Cracks Threatening Stocks

Three Cracks Threatening Stocks

You may have noticed stocks have stopped going straight up. By itself, that’s not scary. Bull markets and high volatility can coexist, and often did until the last few years. No, the scary part is that bull markets fall apart slowly. Even in 2008, the bull took a long time to collapse. The Bear Stearns collapse […]
Stepan Co.: A Dividend King With Growth Challenges

Stepan Co.: A Dividend King With Growth Challenges

Stepan Co. (SCL) has a dividend track record that few companies can rival. This year will be Stepan’s 50th consecutive year of increasing dividends, making it one of just 25 companies in the entire market with a dividend increase streak of that length. That puts the company among the elite Dividend Kings, a small group of […]
Stock Market Bulls Don’t Want The Dow To Slip From Here

Stock Market Bulls Don’t Want The Dow To Slip From Here

The Dow Jones Industrial Average peaked at 26,616 on January 26th. Those highs set the stage for the stock market correction that investors are facing right now. How and Why? We’ve been warning since early this year that stocks were getting ahead of themselves. The chart below illustrates just how far ahead they got… the Dow’s momentum reading this year […]
Energy: Crazy For You

Energy: Crazy For You

The oil sell-off was just downright crazy. Oil got caught up in trade war fears, tech wreck fears, OPEC/Non-OPEC compliance fears, and a build in Cushing Oklahoma oil stocks as reported by Genscape. Stocks had the worst start in April since 1929, but really the magnitude of this sell-off was a big April’s Fools Day […]
The Skyrocket Phase – Gold And Silver Report

The Skyrocket Phase – Gold And Silver Report

Let’s tie two topics we have treated, one in exhaustive depth and the other in an ongoing series. They are bitcoin and capital consumption. By now, everyone knows that the price of bitcoin crashed. Barrels of electrons are being spilled discussing and debating why, and if/when the price will go back to what it ought to be ($1,000,000 […]