Thursday, August 17, 2017

Morose Economic Data Sends Stocks Tumbling

The Dow was down 251 points with just minutes left in the trading session today.

Monday, August 14, 2017

Sniff, Sniff! Smells Like a Bubble to Me!

This headline from Marketwatch today sure smells like a classic bubble!

Thursday, August 10, 2017

War Drums? Imagine The Real Thing!

If you think today's stock market plunge was bad, imagine what would happen if war actually happened! We wiped out about a month's worth of gains today!

Thursday, August 3, 2017

Sure Looks Like a BUbble

This image, from Dr. John Hussman's weekly market analysis, suggests that this stock market bubble is just getting bigger and bigger. The Dow finished up 9 days in a row today, even though it was already at record highs. Of course, the nature of a bubble is that the vast majority of market participants don't recognize it as such. If they did, extreme prices wouldn't be moving from one extreme to even greater ones.
In the image, the red line is the calculation of a log-period bubble base on the formulas of Dr. Didier Sornette. This bubble matches his calculations perfectly. It is a flawless example of a financial bubble.

Friday, June 23, 2017

Corn Prices Crushed

Corn prices today dropped below support to multi-month lows. These are the lowest prices of this year!

Friday, June 16, 2017

Friday, June 9, 2017

Tuesday, June 6, 2017

Debt Disaster Coming

Monday, May 15, 2017

Economic Data Stalls As S&P Continues Near Record Highs

How long can this continue? There seems to be a dismissiveness on Wall St of the economic data, even as the S&P 500 continues near a new record high this morning. Even the Fed's own data is showing weakness! This divergence will eventually close, and when it does, history suggests that it will be UG-LY!