Earnings season is upon us and stocks haven’t moved. Even so, the average is still inflated, strength is around fair value, and gold remains dormant. The Federal Reserve made news this week, again, about clarifying its public message regarding the termination of QE. More and more this Federal Reserve looks scared and uneasy about the...Read More

Stocks overreacted to bank earnings this week and reversed their downward trend. Both stock market strength and the averages rose 2% for the week. Gold gained 6%. See below. There was a time when big banks were solid indicators of Market condition. But that day is gone. Banks like JP Morgan Chase and Wells Fargo...Read More

It has been two years since the 15-51 strength Indicator was made public via LOSE YOUR BROKER NOT YOUR MONEY. In that time the Indicator had a crazy run that peaked in September of last year; it then corrected some 25% down before closing the period with a respectable 26% gain. The Dow Jones Industrial Average,...Read More