Analog Update
To repeat, 2013 is only the fourth example of a 5th consecutive annual gain in the Dow’s history dating back to the late 1800s – 1928, 1989 and 1995 are the other three examples. In light of this week’s downside…...
One of Eight
Have finally found something worth writing about… In this post I want to revisit the 4-Yr RoC framework we discussed a few times in spring of this year. We first presented that framework and its significance in this post and built…...
Analog Update
I apologize as I don’t have a ton of incremental, edgy ideas or content right now. As I hope you know, if there is relevant work to be posted, I do it, but only then. Certainly, there’s any number of…...
More Elaboration on the Potential for the Fireworks Dissipating
At the end of October we had two detailed posts (here’s #1 and here’s #2) that suggested 2014 could very well turn out to be a year that lacked fireworks, unlike every single year since the global equity/debt/real estate peak in…...
Has the Gate Become Sufficiently Narrow?
The history of gold since the 60s is one of major multi-year rallies, followed by major multi-year sell-offs, followed by another leg of major multi-year rallies and so on. Forgive the self-indulgent melodrama, but a quote from Matthew 7:13 might…...
NBD
No big deal, but the Nikkei is currently pressing up against 24-year resistance line (1) in the chart below. I’ll merely point out that the index has not been above this resistance line since 1989, or coming off its all-time…...