2453.82 was the high on $SPX yesterday and may still not be the high for this market, but bulls are playing with fire here and risk getting burned big time as we are reaching the upper price risk zone I’ve been talking about for quite some time now ($SPX 2450-2500) [for further reading please see… Read More ›
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You can’t see the bombs, you can’t see the casualties, and you can’t see the headlines, but World War III is already in full progress. And no, I’m not talking North Korea, Iran, or Syria or any other countries with minuscule military budgets in comparison to the US that are often hyped to be a… Read More ›
From our perspective we remain in a late market cycle setting up for the next recession. We’re collecting macro data charts highlighting potential signs of a coming macro turn. Below is a collection of some of the latest data points we’ve found of note in May. For other public analysis please see The Marco Corner, Market… Read More ›