Here’s Why the Time to Worry About the “Fear Index” is NOW, Not Later By Elliott Wave International   3 Videos + 8 Charts = Opportunities You Need to See. Join this free event hosted by Elliott Wave International and you’ll get a clear picture of what’s n...

Every so often an article is produced that is so misleading that it must be addressed. The latest is from Sol Palha via the Huffington Post entitled: “Buffett Indicator Is Predicting A Stock Market Crash: Pure Nonsense.”  Sol jumps right in with both feet stating: “Insanity equates to doing ...

Today’s chart comes from Jason Goepfert at SentimentTrader.com. Last month, Jason told FS Insider that sentiment readings were reaching extremes, even surpassing 2000 tech bubble-levels of euphoria, which was a “very troubling sign” for the stock market (see Rydex Trader Bullishn...

What you are about to read is going to absolutely shock you.  Rick Wiles has done outstanding work over at TruNews for well over a decade, and now just days before the August 21st solar eclipse he has issued his most ominous warning ever.  His warning is not directly related to the eclipse, b...

Since the end of the financial crisis, each market decline has been met with support by the Federal Reserve either through “verbal accommodation” or directly through “monetary interventions.” Not surprisingly, investors have become “trained” each “dip” in the market is a reason to...

In this past weekend’s missive I wrote: “So…Should I “Buy The F*$(@!# NOKO?” My best guess currently is – probably. But not yet.” “In our portfolios, we will wait for confirmation the current sell-off has abated before adding additional risk exposure to portfolios. In recent ye...

Long credit cycles like the current one always end with a crash. But first they deteriorate. The headline numbers remain positive while under the surface a growing list of sectors start to falter. It’s only when the latter reach a critical mass that market psychology turns dark. How far along is t...

Have we now entered a time of major financial shaking?  On Thursday, the Dow Jones Industrial Average was down 274 points.  The was the largest decline for the Dow since May, and high yield bonds were down dramatically as well.  Many are blaming the terror attack in Barcelona and “instability ...

Someday, stock, bond and real estate valuations will matter again. And the mechanism by which this return to sanity is achieved will probably be the torrent of money now flowing in from people who, for various reasons, don’t care about (or understand) the prices they’re paying. Millennials, for ...

Quick take: At the end of July the inflation-adjusted S&P 500 index price was 103% above its long-term trend, up from 101% the previous month. About the only certainty in the stock market is that, over the long haul, over performance turns into under performance and vice versa. Is there a patt...

Over the last week, I was on vacation with my family taking a much-needed respite from the weekly workload. The good news is that usually when I go out of town, the market crashes. Such was not the case, and in fact, the Dow Industrials hit all-time highs. I pay little attention to the Dow due to t...

Currently, things could not be better. Stocks are hitting all time highs. Confidence is at record levels, and investors are “all in.” But maybe it is just for those reasons that we should take a pause. Records are records for a reason. Every strongly trending bull market throughout history has...

The New York Stock Exchange publishes end-of-month data for margin debt on the NYX data website, where we can also find historical data back to 1959. Let’s examine the numbers and study the relationship between margin debt and the market, using the S&P 500 as the surrogate for the latter...

I know…I know… There seems to be absolutely nothing that can derail the current bull market. Geopolitical conflict – NOPE Political intrigue – NOPE Fed Reserve reducing liquidity to the markets – NOPE Lack of expected tax cuts, reform, and infrastructure spending – NOPE, NOPE, and NOPE....

As a portfolio manager, I start each morning by consuming copious amounts of a heavily caffeinated beverage and a data feed from a litany of web and blog sites. Over the last few days, as asset prices have set new records, there have been numerous articles on whether the market is currently in a bu...

Okay, I have to discuss something this week that has been bugging me. I have had several emails as of late suggesting one of the biggest investing fallacies stated during late stage bull market advances. “I don’t care about the price, I bought it for the yield.” First of all, let’s clear up ...