Intermarket Chart Attack: Sell What In May?
Big Picture: We are still in a bear market. And as I suggested in late March, I see a multi-month process of digesting the out-sized downdraft in Feb/March, which includes both large rallies and failures. We have only seen the April bear market rally. But as we enter May, the famous adage, “Sell in May”, […]
Gone Fishing Newsletter & Intermarket Chart Attack: Gluttony
Market Thoughts In follow up to my April 5th client post – Intermarket Chart Attack: Digestion, Indigestion – this one will be entitled Gluttony, because even if you don’t have the stomach for it, we are called on to feast again, whether we want to or not. The Fed came out Thursday, just before jobless […]
Intermarket Chart Attack: 1929 or 2008
Worse Than 2008, More Like 1929 As I said repeatedly over the past few weeks to clients: This market is worse than 2008. My Interview with ForexAnalytix and my client posts and videos past month have demonstrated that I see this crisis as unlike any others. From March 13th client post: Sentiment: This is a […]