Harbinger of the Bear Market

Insights into This “Ultimate Harbinger” of the Bear Market Enthusiasm for U.S. IPOs seems to be dramatically decreasing Back in early 2021, many investors were chomping at the bits to invest in entities about which they knew next to nothing. These entities are known as Special Purpose Acquisition Companies (SPACs), which may be described as… Read more Harbinger of the Bear Market

Possible Replay of History

Stocks: Possible Replay of an Ominous Price Pattern “I became panicky and covered at a considerable loss…” The reason price patterns tend to repeat in the stock market is that investor psychology never changes. The Elliott wave model directly reflects these largely predictable swings in investor psychology. That’s what the Elliott wave principle is all… Read more Possible Replay of History

Sectors Leading Lower

Will These 2 Sectors Lead the Stock Market Lower? This key sector continues to be “fragile” Although it doesn’t feel like it sometimes, the U.S. stock market has been in a downtrend since January 2022. The reason it doesn’t feel like it is because the S&P 500 has been in a narrow trading range between… Read more Sectors Leading Lower

More Banks Could Fail

More Banks Could Collapse — A Lot More This ETF “continues to make lower lows” It’s sobering to reflect on the fact that the second, third and fourth largest bank failures in U.S. history have all occurred in just the past few months. They are First Republic, Silicon Valley Bank and Signature Bank of New… Read more More Banks Could Fail

Insane Optimism in Stocks

How “Insane Optimism” is at Work in the Stock Market “Stock investors are so bullish that they are…” Many technical indicators are highly useful, yet the price moves of the stock market really boil down to two things: optimism and pessimism. Major trend turns tend to occur when extremes are reached in either optimism or… Read more Insane Optimism in Stocks

M2 Money Supply Deflates

U.S. Money Supply Deflates 2% Annually (What That Means) The debt bomb implodes: Expect recession and deflation Many pundits have expressed worry about the ramifications of global debt — and rightly so. As the Wall Street Journal noted toward the end of 2022: The world has amassed $290 trillion of debt and it’s getting more… Read more M2 Money Supply Deflates

Housing Market Top

How This Pattern from the Prior Housing Bust is Repeating Here’s when homes will likely sell for once-in-a-lifetime bargains Just like the gold “in them thar hills” motivated people from all walks of life to become miners way back when, real estate booms have motivated people from far and wide to become agents. In both… Read more Housing Market Top