Things are Changing…

Things are Changing…

I never thought that the administration in the White House really impacted the stock market. It was really all about the Fed, and the Fed has been very accommodating to the markets over the last 9 years. I had been expecting a bubble for the markets, however, while...
Words of Caution – Peso Update

Words of Caution – Peso Update

Not much has happened to change my view of the markets. I’m still positive and believe that we are perhaps beginning a bubble phase in the markets. I’ve always been a buy and hold advisor about the general markets. Though I have the belief that when you...
Retest – More Damage to Come?

Retest – More Damage to Come?

I mentioned that we might see some volatility and we are seeing it. We are seeing a number of issues that are developing; tax cuts, growing deficits, rising interest rates, potential trade wars, threats of war and the list keeps growing. I would expect that we sill...
Mexican Peso – Stock Market Update

Mexican Peso – Stock Market Update

So, far we have successfully tested the support on the USD/Mexican Peso. The USD is showing strength that it hasn’t in a while. A key point for the USD to reach is 90.40 which is a previous rally point in early February. If we can close above this level then...
Mexican Peso Update

Mexican Peso Update

It appears as though Americans living in Mexico have again avoided the bullet. The USD has once again rallied at a crucial time. While the USD appears to be in a bear market, we have seemingly put in an intermediate-term bottom. From 2012 through January of 2017 the...
Is This Market in a Bubble?

Is This Market in a Bubble?

So, what are you thinking about the markets now? Is the correction that we have been through still too much on your mind? Are you thinking about moving out of the markets based on some commentary by alleged experts?  Our emotions sometimes get in the way, perhaps...
Mexican Peso Followup

Mexican Peso Followup

We are at a critical juncture for the USD/Mexican Peso, it all comes down to whether the dollar can put in a decent rally. So far today, the dollar is rallying, the question is will it continue. If it does continue to rally then we may have put in an intermediate...
Mexican Peso Update – US Dollar Hurting Once Again

Mexican Peso Update – US Dollar Hurting Once Again

Congress’s bipartisan vote last week to increase spending by nearly $300 billion over the next two years comes on the heels of a $1.5 trillion tax cut that could boost domestic demand and the country’s trade gap. These deficits are the reason for the weakness in...
What Could Lie  Ahead for the Markets

What Could Lie Ahead for the Markets

In 1976 I began a study in technical analysis with the Stock Market Institute. Much of what we studied was based on the work of a gentleman named Richard Wycoff. One of his simple studies analyzed market cycles, they are still very relevant today. No one really knows...
What’s Next – Consolidation or More Pain?

What’s Next – Consolidation or More Pain?

There is little that I can say to quell the panic that many of you may be experiencing. I guess you could say that the complacency that we were experiencing is now a thing of the past.  I mentioned the possibility of a correction on January 23rd in this article. I...

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