Technically Speaking: Can The Fed’s Reversal Save The Bull?

by Lance Roberts As we discussed in this past weekend’s missive: “A WSJ article suggesting that the Fed would not only stop hiking interest rates but also cease the balance sheet reduction which has been extracting liquidity from the market. In mid-2018, the Federal Reserve was adamant that a strong economy and rising inflationary pressures required tighter monetary … Read more

Will stocks go nowhere over the next 10 years?

by Troy The U.S. stock market has held up well during this earnings season. Now that earnings season is over, many traders are looking for a pullback/retest. Overall, the statistical evidence for a pullback/retest remains strong and convincing. Go here to understand our fundamentals-driven long term outlook. Let’s determine the stock market’s most probable medium term … Read more

OUT: Outrageously Unacceptable Talk

by John Ward In the first of what I hope will become a long-runner, The Slog targets all the syntax, hypocrisy and assumptive drivel of contemporary life….with the gloves entirely removed. ¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤ I went to bed last Saturday night with a gentle question coursing through my mind: what the blithering fuck does ‘alternative arrangements’ mean? Sir Graham … Read more

CBO Forecasts $12 Trillion More Debt By 2029

by Grover Here’s an article from MarketWatch about the Congressional Budget Office (CBO) forecast for the next 10 years. In essence, they are predicting that we’ll have average deficits of $1.2 trillion per year for the next decade. Of course, that is only “on budget” forecasts. They don’t include “off budget” items like emergencies or disasters. In 2019, … Read more

Is China’s Debt Crackdown Hitting California’s Commercial Real Estate Bubble?

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter The moment the money runs out. Oceanwide Plaza – a three-tower condominium, hotel, and retail complex expected to cost over $1 billion – is one of the largest real estate projects in downtown Los Angeles. It was scheduled to be completed in 2019. The owner and developer, Oceanwide Holdings, is a … Read more

The Stratospheric Polar Vortex is Behaving Exactly Like Earth’s Magnetic Field

by Skippy The Stratospheric Polar Vortex is weakening and shifting towards Eurasia: https://www.sciencealert.com/satellite-d…s-shifting Earth’s Magnetic field is weakening and shifting towards Eurasia: https://www.scientificamerican.com/artic…etic-flip/ There is a direct correlation between geomagnetic activity and global temperature and weather patterns: https://wattsupwiththat.com/2014/02/01/a…ts-causes/  

WATCH! Maxine Waters Goes BERSERK on CNN, Explodes on Trump During Insane Rant

Martin for Ilovemyfreedom.org reports, Rep. Maxine Waters went berserk on Sunday and said President Donald Trump needs to “shut up.” During an interview on CNN, the California Democrat attacked the president, claimed he is an incompetent leader who can’t make a deal, and argued that he doesn’t understand how Congress works. https://www.youtube.com/watch?v=ACGNz4NWyDk Read More/Source/Credit/FairUse: https://ilovemyfreedom.org/watch-maxi… … Read more

Trending Toward Zero: Home Price Growth Slumps to 4-Year Low

via MarketWatch: The numbers: The S&P/Case-Shiller 20-city index rose a seasonally adjusted 0.3% in November compared to October and was 4.7% higher compared to a year ago. That was the slowest pace of annual growth since January 2015. What happened: Home price growth just kept slowing as housing headwinds gathered late last year. The headline number for … Read more

Topping pattern 2008 vs 2018

via @Analyst_G: aka Wyckoff Logic. Enjoy!   via @KimbleCharting: via @OccupyWisdom:   21 HISTORICAL CASES OF WHEN THE 100 DAY CROSSES THE 200 DAY AVERAGE IN THE $SPX Over 95% = new low, retest low or re-tracement Over 80% = significant re-tracement 2/    

A bulk of the 24 hour temperature falls

A bulk of the 24 hour temperature falls (as of 8 am Tuesday January 29), which are notable, lie across the central part of the lower 48. Moderation was limited to the Southwest, areas near the Great Lakes, and portions of the East. pic.twitter.com/2qbujpkJn0 — NWS Weather Prediction Center (@NWSWPC) January 29, 2019 Heavy lake … Read more

Sharp slowdown in credit card transaction data, new factory orders suggest that global trade activity will slow further, oil is tanking again on fears of global slowdown

Given the sharp slowdown in credit card transaction data, safe to say that retail sales will miss to the downside. $TLT $SPX pic.twitter.com/vHZErtjEE3 — Teddy Vallee (@TeddyVallee) January 29, 2019 Retail sales from First Merchant not looking great. pic.twitter.com/uK2BbC3tCd — Teddy Vallee (@TeddyVallee) January 29, 2019 New factory orders suggest that global trade activity will … Read more

US Treasury to Borrow $1 Trillion for 2nd Year to Finance Debt – Who Holds The Power

by Thinker BATTLE FOR WORLD / BLOOMBERG – January 28, 2019: In the normal scheme of things for the United States to maintain…all of its war activities throughout the world it has increased yet again the U.S. debt. The Bloomberg article highlights that the U.S. Treasury Department is set to maintain elevated sales of long-term … Read more

Thanks, Fed! Top Banks Pay-Out $152 Billion In Buybacks And Dividends During 2018, But Reinvest Only 1.6% Of Profits

via CNBC: Twenty-one of the nation’s largest banks spent $152 billion on buybacks and dividends in the most recent year, analyst Dick Bove says. The money went mostly to people who wanted nothing to do with their banks (sold their stock back to the banks) and the banks received nothing in return. Investors, Bove says, … Read more