What happens if you toss $97.9B in liquidity at an extended market and it sells off anyways? Maybe nothing, but maybe everything. The unholy alliance surely has succeeded in elevating asset prices […]

The rally is crumbling underneath while the bid remains persistent and dips are shallow to non existent. I recently already talked about problems sighted with this rally, but want to highlight another […]

As the 3 main indices have made multiple new highs in recent days and weeks it may be worth to keep taps on the health of this rally. Why? Because for rallies […]

Reports of the demise of the Megaphone may be greatly exaggerated. Last week $SPX exceeded the upper trend line of the Megaphone pattern and calls of the pattern’s death have been plentiful […]

New highs every day or so now. Investors are chasing the new highs, the president celebrates on twitter almost every day. Things are great. Melt-up talk is the rage. Hate to be […]

Lots of chatter about a coming melt-up coming in stocks. And why not? If fundamentals or earnings growth no longer matter and markets are drowning again in artificial central bank liquidity may […]

Well, I hope it was all worth it. What was? The Fed whoring itself out to market pressure once again of course. Throwing in that totally unnecessary 3rd rate cut. But they have […]

It’s that time again, the magic levitation show, but this one is a peculiar one. I talked a bit about it in Zombieland, but the continuation on the same path this week […]

I’ve received a lot of question on gold ($GLD) recently, hence time for an update on Gold. Remember big patterns take time to build and it takes patience to see these patterns […]