via Kasper Viita It’s time to step back from market-darling chip stocks, according to Morgan Stanley. The U.S. semiconductor sector now has the poorest risk-reward ratio in three years as cyclical risks are piling up, according to the broker, which last …
Stocks are moving out of step with each other the most they have since just before the end of the tech bubble, and the significant lack of correlation is possibly due to Fed rate hiking, trade wars or the aging …
via UmarAbdurRehman My previous call on S&P500 longs around 2692 almost have met the target of 2800, not yet hit that level but almost reached it. We may see it may test that and roll all the way back. For now- …
by Kimble Charting CLICK ON CHART TO ENLARGE While trade tensions between China and the States are getting a good deal of attention of late, one might want to keep a close eye on the price action of the SSE Composite (Shanghai …
via Bill McBride From the National Center for Health Statistics: Births: Provisional Data for 2017. The NCHS reports: The provisional number of births for the United States in 2017 was 3,853,472, down 2% from 2016 and the lowest number in 30 years. …
by FS Listen to this podcast on our site by clicking here or subscribe on iTunes here. Famed technician Louise Yamada at LY Advisors warns that investors have been selling the rallies since the January peak, leading to a descending triangle formation on the chart, …
by Kimble Charting CLICK ON CHART TO ENLARGE The Dow has spent the majority of the past 70-years inside of bullish rising channel (A). It hit the top of this channel in January at (1), as monthly momentum was hitting levels …
by Kimble Charting CLICK ON CHART TO ENLARGE The first part of the year got off to a great start, not so much as the first quarter of 2018 came to an end. The above 8-pack looks at numerous indices in …
BY JOHN MAULDIN The stock market is overvalued by many different measures. I recently shared Dave Rosenberg’s thoughts on the subject. But at the SIC 2018 conference, we also heard a lot more from Steve Blumenthal, Mark Yusko, and several others. The evidence is adding …
by Kimble Charting CLICK ON CHART TO ENLARGE Since the lows in 2009 the S&P has gained around 250%. During the same time frame, Semiconductors (SMH) has gained nearly 520%. The chart above looks at SMH since inception and highlights bearish reversal patterns (Bearish …
by Martin Armstrong CNN Money is reporting the headline “A top JPMorgan Chase executive is warning that stocks could fall as much as 40% in the next few years.” CNN reports that Daniel Pinto, JPMorgan’s co-president, said on Bloomberg Television he believed that …
Kitco News, Released on 10/27/17 Ron Paul sees a lot of pain in store for Wall Street. The former congressman and now a chief ambassador to Goldco sees as much as a 50 percent correction in store for equities. “A …
by Umar Farooq Gold prices fell Wednesday, setting the yellow metal up for its lowest finish in about a month as investors await clues from U.S. Federal Reserve officials on the pace of interest-rate increases and the economic outlook. …
by Martin Armstrong QUESTION: Marty is the rumor true that there is huge short-covering going on that is taking the US share market higher? ANSWER: Of course. As I have stated, our model tends to show the point of no …
by Umar Farooq Gold is trading opposite to equities with equities breaking out of their trading range. Gold might have some near-term headwinds as is evident from the recent downward move in Gold prices. However, the dollar could act …