Crude Bullish or Bearish?

January 9, 2016

We had THREE Yearly Bearish Reversals in crude: the first was $41, the next $35 and $32, but then there was also $25. We achieved the first one but not $35. This warns of lower lows here in 2016, but … Continue reading

Dow & the Trend For Now

January 9, 2016

Back on November 13th, 2015, we reported: “The Dow is pulling back on schedule. We do not see a breakout to the upside. This should tread water for a bit, waiting for everything to align. A closing today below 17785 … Continue reading

Dow Correction November High

January 8, 2016

The high for November was 17977.8, not 17210.43. I quoted the low instead of the high. See, we humans do make mistakes. Socrates was correct. That is why people ask, “What does the computer say?”

Looking for Sanity in an Insane World

January 8, 2016

Why has China become so important? Largely because global investors are in this transition mode and do not understand how or why the foundation of everything is changing beneath them. The market turmoil in China spread around the world on Thursday as … Continue reading

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