Analog Update

Analog Update

Per my email this morning about only giving this market a day or two worth of leash before giving up and turning structurally bearish, the analogs call for an insane launch higher, basically begining in and around this week. As…...

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The SSEC Likely Continues Lower Though Its Irrelevancy Continues to Grow

The SSEC Likely Continues Lower Though Its Irrelevancy Continues to Grow

We’ve been of the opinion that if the SSEC were to continue lower, it would not necessarily be indicative of an imminent global slow-down/recession/equity collapse. That thesis is largely derived from the chart below, which plots the path the SSEC…