Stock market strength was humming along when December began; the 15-51 Indicator was up 9.5% for the year and at an all-time high (113,993). But then Janet Yellen raised interest rates and Santa Claus failed to deliver a rally. Though the 15-51 Indicator posted a respectable year-end gain (+6.3%), the other major market indexes ended...Read More

The investment markets moved backwards like a rocket in the first week of 2016, prompting even the casual follower to consider: Is this a sign of things to come? All major stock market indicators lost six percent in the week, and yields lost 7%. Gold gained 4%. See below. Metaphor aside, the week’s activity sure looks...Read More