This Week’s Price Action in SPX Rare in Context of History (and Very Intermediate-Term Bullish Should History Hold)
This week the SPX was down every single day Monday-Thursday and then wiped out the entirety of those losses on Friday. This has happened only four other times in history dating back to 1928. The other days were 10/26/56, 11/15/57,…...
Repeating Fundamental & Technical Patterns in India/Bombay Sensex Suggesting a New Up Leg in EM Secular Growth Phase?
Coming into 2012 we figured the year would be up or down big given we had just finished a third straight up year in what was ostensibly a secular bear market, which had happened only one other time in 100…...
USD About to Run into Some Trouble?
If the USD closes above 83.83 today it will register a 2-year closing high (genesis for this idea came from a Chris Kimble post yesterday, though his conclusion appears different). And clearly, even if we fail to do this, it…...