As of this morning, the Greedometers are warning of an immediate drop over the next 2-3 weeks. So that means either the Fed or ECB or BoJ or PBoC are going to have to threaten something new & yummy in the next 3 weeks. Otherwise we’ll experience at actual market economy in inconvenient mean reversion mode. Look for the ECB to threaten a new […] Read the rest of this entry
Tag Archives: stock market crash 2016
And a few hours later we get a NY Fed spokesman indicating Williams did not mean to suggest a large rate cut was coming later this month. What the hell is going on? Market economy. Sure it is.
On Tuesday evening I was tempted to do a blog post with the same message I’ve delivered many times over the past decade or so: we are/were within 1 week and 1% of the initiation of another protracted series of stock market drops. True to form, within 48 hours a central banker blinked and dropped another sugar bomb. (don’t take my word for it […] Read the rest of this entry
October 2007 was the launch point for the last big crash. If you had the Greedometer and mini Greedometer, you would have recognized it (see here). But if you only worked from anecdotal economic and fundamental data, what could you have looked for? flat/inverted US Treasury yield curve Fed interest rate cuts bank loan loss reserves growing the financial sector hitting a lower […] Read the rest of this entry
I’m going to add something to the website that should be pretty exciting. As you know I use the Greedometers for trading. Because central banks allowed more reality to happen than usual in May, I was able to use the Greedometers to make a 60% return –in May alone. Central bankers are going to be busy over the next 1-2 years trying to stop another really […] Read the rest of this entry
Here it is. The last blog post with the Greedometer & SPX forecast. Next week the new self-serve account creation and login mechanism goes into effect. Free.
Last week we saw the G13 sequence get warped flatter by : Jim Bullard, the ECB, a White House statement of a 1 week push on new China trade tariffs. So, more of the same thing we’ve been seeing for years. The good news -for those following this website- is the G13 (mG13) sequence either saw a 1st baseline point 2 weeks […] Read the rest of this entry