Mexican Peso Update

Mexican Peso Update

The US Dollar continued to get hit hard since my last update, hitting a three year low and only 10% away from its low 5 years ago of around 80. At the bottom of the real estate bubble in 2008 the index was at 75, today we are around 90. The Euro has significantly...
Market Correction?

Market Correction?

Will we ever get a correction? I’m going to lay out an argument that we should get one. If we are going to see much higher levels in the markets, it stands to reason that we need to have a pause. I use point and figure charts in order to identify price...
Stock Market and Peso Update

Stock Market and Peso Update

Trying to call cycles in a runaway bull market is difficult. I was thinking that we might get a pullback to start the year, however, the markets are bringing a lot of new investors along with it. You have demand exceeding supply and prices go higher. In my last post,...
What 2018 Might Look Like

What 2018 Might Look Like

I wanted to share some longer-term market views with you and where we may be headed in 2018. If you take a look at 2017 you’ll see that the S&P 500 has really stayed in a nice upward channel. It has followed the 50-week moving average higher with just minor...

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