Weekly Stock Market Update & Forecast – January 19th, 2018

- State of the Market Address:

  • The Dow is at 26,000
  • Shiller's Adjusted S&P P/E ratio is now at 33.90 Now at arguably the highest level in history (if we adjust for 2000 distortions) and still above 1929 top of 29.55.
  • Weekly RSI at 91 - overbought. Daily RSI is at 84 - overbought.
  • Prior years corrections terminated at around 200 day moving average. Located at around 18,700 today (on weekly).
  • Weekly Stochastics at 99 - overbought. Daily at 94 - overbought.
  • NYSE McClellan Oscillator is at -5. Neutral.
  • Volatility measures VIX/VXX remains at suppressed levels. Commercial VIX long interest remained the same at 50K contracts net long. 
  • Last week's CTO Reports suggest that commercials (smart money) have maintained their positioning.  For now, the Dow is 6X, the S&P is at 4.5X net short, Russell 2000 is now at 4X net short and the Nasdaq is net neutral.

In summary: For the time being and long-term, the market remains in a clear bull trend. Yet, a number of longer-term indicators suggest the market might experience a substantial correction ahead.  Plus, the "smart money" is positioning for some sort of a sell-off.

If you would like to find out exactly what happens next based on our Timing and Mathematical work, please Click Here. 


ATTENTION!!! Please note, we have moved most of our free editorial content to our new website MarketSpartans.com Please Click Here to view it.ELLIOTT WAVE UPDATE:

Since many people have asked, I will attempt to give you my interpretation of Elliott Wave and how it is playing out in the market. First, I must admit. I don’t claim to be an EW expert, but I hope my “standard” interpretation is of help.

Let’s take a look at the most likely recent count on the S&P.

Explanation:

Long-Term: It appears the S&P is quickly approaching the termination point of its (5) wave up off of 2009 bottom. If true,we should see a massive sell-off later this year. Did it already complete? Click Here

Short-Term: It appears the S&P might have completed its intermediary wave 3 and now 4. It appears the market is now pushing higher to complete wave 5 of (5). If true, the above count should terminate the bull market. Did it already complete? Click Here

If you would like to find out exactly what happens next based on our Timing and Mathematical work, please Click Here. 


ATTENTION!!! Please note, we have moved most of our free editorial content to our new website MarketSpartans.com Please Click Here to view it. 

Deflationary Collapse OR Hyperinflation: Why Peter Schiff Believes It’s The Latter -Is He Right?

Investment Grin Of The Day

Daily Stock Market Update & Forecast – January 18th, 2017

- State of the Market Address:

  • The Dow is at 26,000
  • Shiller's Adjusted S&P P/E ratio is now at 33.80 Now at arguably the highest level in history (if we adjust for 2000 distortions) and still above 1929 top of 29.55.
  • Weekly RSI at 90 - overbought. Daily RSI is at 83 - overbought.
  • Prior years corrections terminated at around 200 day moving average. Located at around 18,700 today (on weekly).
  • Weekly Stochastics at 98 - overbought. Daily at 90 - overbought.
  • NYSE McClellan Oscillator is at +17. Neutral.
  • Volatility measures VIX/VXX remains at suppressed levels. Commercial VIX long interest remained the same at 50K contracts net long. 
  • Last week's CTO Reports suggest that commercials (smart money) have maintained their positioning.  For now, the Dow is 7X, the S&P is at 4X net short, Russell 2000 is now at 4X net short and the Nasdaq is net neutral.

In summary: For the time being and long-term, the market remains in a clear bull trend. Yet, a number of longer-term indicators suggest the market might experience a substantial correction ahead.  Plus, the "smart money" is positioning for some sort of a sell-off.

If you would like to find out exactly what happens next based on our Timing and Mathematical work, please Click Here. 


ATTENTION!!! Please note, we have moved most of our free editorial content to our new website MarketSpartans.com Please Click Here to view it.

Hands Down The Two Scariest Charts In Finance Today….Maybe Ever

That's right ladies and gentlemen, this improved version of the CAPE ratio (improved because it has a greater negative correlation with future 12-year returns) shows equity valuations have now surpassed both the dotcom mania peak in 2000 and the 1929 mania peak. We are truly in uncharted territory. 

Plus, investors today are employing more leverage than ever before. In fact, margin debt has at least doubled from its prior 2000 peak. And this doesn’t even include the asset-backed loans at major financial firms which have become so popular in recent years.

To very quickly summarize: Everyone is long and strong, the stock market has never been more expensive by quite a few measures AND jet fuel margin debt (both up and down) has doubled from its Dot.com bubble peak.

That is to say, what can possibly go wrong?

If you would like to find out what the stock market will do next based on our timing and mathematical work, please Click Here.

Investment Grin Of The Day

Daily Stock Market Update & Forecast – January 17th, 2018 – Elliott Wave Edition

ELLIOTT WAVE UPDATE:

Since many people have asked, I will attempt to give you my interpretation of Elliott Wave and how it is playing out in the market. First, I must admit. I don’t claim to be an EW expert, but I hope my “standard” interpretation is of help.

Let’s take a look at the most likely recent count on the S&P.

Explanation:

Long-Term: It appears the S&P is quickly approaching the termination point of its (5) wave up off of 2009 bottom. If true,we should see a massive sell-off later this year. Did it already complete? Click Here

Short-Term: It appears the S&P might have completed its intermediary wave 3 and now 4. It appears the market is now pushing higher to complete wave 5 of (5). If true, the above count should terminate the bull market. Did it already complete? Click Here

If you would like to find out exactly what happens next based on our Timing and Mathematical work, please Click Here. 


ATTENTION!!! Please note, we have moved most of our free editorial content to our new website MarketSpartans.com Please Click Here to view it. 

Why I Will Never Support Trump Again

After voting for the guy I am disgusted. Forget all of the controversies and flip flopping on most of his campaign promises. Mr. Trump is a warmonger and probably the best Arms salesman our great nation has ever seen. And while many will label the above as Patriotic, the line is very thin here between that and mass murder (Syria, Ukraine, Yemen, Etc...).

Plus, $1.2 Trillion for more nuclear weapons now? You have got to be fu*%ing kidding me. 

But don't listen to me, here is what Ron Paul had to say.

Investment Grin Of The Day

Daily Stock Market Update & Forecast – January 16th, 2018

- State of the Market Address:

  • The Dow is just below 26,000
  • Shiller's Adjusted S&P P/E ratio is now at 33.80 Now at arguably the highest level in history (if we adjust for 2000 distortions) and still above 1929 top of 29.55.
  • Weekly RSI at 90 - overbought. Daily RSI is at 86 - overbought.
  • Prior years corrections terminated at around 200 day moving average. Located at around 18,700 today (on weekly).
  • Weekly Stochastics at 97 - overbought. Daily at 92 - overbought.
  • NYSE McClellan Oscillator is at +15. Neutral.
  • Volatility measures VIX/VXX remains at suppressed levels. Commercial VIX long interest remained the same at 50K contracts net long. 
  • Last week's CTO Reports suggest that commercials (smart money) have maintained their positioning.  For now, the Dow is 7X, the S&P is at 4X net short, Russell 2000 is now at 4X net short and the Nasdaq is net neutral.

In summary: For the time being and long-term, the market remains in a clear bull trend. Yet, a number of longer-term indicators suggest the market might experience a substantial correction ahead.  Plus, the "smart money" is positioning for some sort of a sell-off.

If you would like to find out exactly what happens next based on our Timing and Mathematical work, please Click Here. 


ATTENTION!!! Please note, we have moved most of our free editorial content to our new website MarketSpartans.com Please Click Here to view it.