Key Global Equity Index Takes Elevator Down To Support
After breaking key support on January 6, the Global Dow Index has straight-lined down 10% to our next projected support level. In a January 6…
Sector Spotlight: Transports Can’t Afford To Travel Any Lower
The beleaguered Dow Jones Transportation Average has dropped to a key support level. One of the hardest hit sectors in the correction over the last…
Is Flattening Yield Curve Signaling Recession?
The yield curve just dropped to 8-year lows; but it isn’t necessarily flagging a recession, yet. With the carnage in the equity and commodity markets,…
New Lows Hit ‘Wash-Out’ Territory
The number of New 52-Week Lows on the NYSE has reached levels historically consistent with a ‘washed-out’ market. Just a week ago, we penned a piece…
UPDATE>>Just 2 Weeks After Breakdown, Key Index Hits Ground Floor
Just 2 weeks ago, we surmised that the breakdown in a key broad market index opened up an additional 12% of downside risk; that risk…
My401kPro: January 20, 2016 Alert!
ALERT! January 20, 2016 – Log in to see My401kPro’s recommended investment changes for your retirement plan: http://www.my401kpro.com.
Stock Correction Sets Lowly Record
Persistent selling has resulted in an unprecedented stretch of elevated levels of New 52-Week Lows. One of the most noteworthy aspects to the ongoing stock…
European Stocks Set To Plunge Lower?
Exactly one year after breaking out to multi-year highs, European equities are breaking down from similar levels. What a difference a year makes. Exactly one…
Gold Stocks Hit Lowest Levels. Ever.
A popular gold equity index closed at the lowest level in its 30-year history today. It has been a rough ride for gold bugs in…
Complacent Correction Cause For Concern?
Despite recent stock market carnage, the reaction by the VIX has been a relative yawner. Well, the New Year hangover continues. Another day, another drubbing…