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Monthly Archives: January 2015

CNBC hype

  I don’t get this. I checked CNBC’s website at 9:20am and saw this…   Yet here’s what SPX futures were doing:   I’m pretty good at math. Last I checked 1997 to 1999 was lower than 2002 (where spx futures were at 8:30am when the BEA’s GDP report was released.      

ECB gives birth to QE…finally.

Borrowing a page from the CFO playbook, yesterday the ECB sandbagged things by leaking news of a 50B euro/month QE program to be announced this morning. It then provided a “beat” by announcing a 60B euro/month QE program at 8:30am this morning. Can you tell that ECB President Draghi used to work for Goldman Sachs? SPX futures took the news in stride this morning. […] Read the rest of this entry »

From this morning’s DMT

  Here’s a picture from this morning’s DMT…. Where will this dip end?  A position in time and price was suggested in this morning’s DMT. Having exited a SPX long 2 days ago, I’m short the SPX and look forward to getting long again next week.    

The 2015 forecast

This being January, stock market and economic forecasts abound.  Here’s mine…. Global economic growth in 2015 will be the slowest in decades and global stock markets will have one of their worst years in history.  The only reason this forecast does not materialize is new policy actions are taken by the world’s 2nd, 3rd, and 4th largest central banks to stop the downward spiral. […] Read the rest of this entry »

Incredible Newsletter access!

  I am grateful and supremely pleased with the amount of new subscribers.  A fair number of industry pros came on board from some very prominent firms.  That said, there were a few folks that joined the trial late and did not have much chance to see live calls pan-out.   (I understand that letters on a website that are a few days or […] Read the rest of this entry »

Newsletter samples posted

  Three samples of recent newsletters were posted under the Services Tab. The daily market timer and weekly Greedometer sections are shown.  The letter is uploaded to the website before the NYSE opens each morning.  There’s an update in the daily section each day, and an update to the weekly section on Friday morning.  

Happy 2015!

Happy New Year!   Welcome to 2015. It’s going to be a fantastic year. Unless the previous 16 years of Greedometer functioning suddenly stops, 2015 and 2016 will be ideal years to be nimble. Tactical long and short investors are going to be rewarded with low volatility and green returns (even more so than 2014 — and that worked out pretty darn well). I […] Read the rest of this entry »