Anatomy of a Crash
Look at the ramps and subsequent crash set-ups in the Dow (20s), Nikkei (80s) and Nasdaq (00s) and how remarkably similar they are. Seriously, the patterns are near identical. Look at the near uniformity of the initial declines as well…...
Does Valuation Matter and if so, When from a Historical Cycle Standpoint?
I’ve done a few posts over the past few months on why this level of the Shiller P/E is so important. In a nutshell – this level of valuation historically acts as a switch either turning off more upside and…...
Analog Update
This post is one giant analog dump. As it stands, I continue to see very little worth doing right now across financial markets. This suggests to me markets are in a place that rewards sitting and observing as the next…...