30 October, 2015 by The TZ Newswire Staff Comments Off on Shantytown, Stockton, California, USA
Shantytown, Stockton, California, USA
I made a visit to Stockton, California the other day and came across a jarring sight: an actual shantytown, here in America.
30 October, 2015 by The TZ Newswire Staff Comments Off on David Zervos on Why He Ended His 5-Year Bull Call on US Stocks
David Zervos on Why He Ended His 5-Year Bull Call on US Stocks
In a recent interview with Financial Sense Newshour, David Zervos, Chief Market Strategist at Jefferies, explained how QE is meant to reflate asset prices and why that implies US markets are likely to underperform since the Fed is no longer engaged in QE…
30 October, 2015 by The TZ Newswire Staff Comments Off on Craig Johnson: Secular Bull Market Is Alive and Well; The End Is Not Nigh
Craig Johnson: Secular Bull Market Is Alive and Well; The End Is Not Nigh
Piper Jaffray’s “Bullseye” Craig Johnson tells Financial Sense Newshour that the long-term (secular) bull market in the US is not over and believes the S&P 500 will reach 2135 by the end of this year. Craig argues that his technical work, as well as breadth and sentiment…
30 October, 2015 by The TZ Newswire Staff Comments Off on Battered transport stocks could attract on price
Battered transport stocks could attract on price
Continuing weakness in railroad and trucking companies have pushed the Dow Jones Transport Average index away from the S&P 500, a divergence that often is seen as a broad sell sign. “There is no ‘sell’ signal as far as I’m concerned,” said Katie Stockton, chief technical strategist at BTIG in New York.
30 October, 2015 by The TZ Newswire Staff Comments Off on The Constitution’s Big Lie
The Constitution’s Big Lie
30 October, 2015 by The TZ Newswire Staff Comments Off on Dear Janet, Seriously!!
Dear Janet, Seriously!!
The Fed’s confidence trick this week was, once again, the Keyser Soze gambit (via Beaudelaire)- “convincing the world of Yellen’s hawkishness, when no such character trait exists.” However, unlike the movies, stocks and FX markets have already seen through the con, leaving Fed Funds futures alone to believe the hype.
30 October, 2015 by The TZ Newswire Staff Comments Off on Monthly and Weekly Chart Review – NEW IT PMO BUY Signals on Scoreboards
Monthly and Weekly Chart Review – NEW IT PMO BUY Signals on Scoreboards
Today saw three new Intermediate-Term PMO BUY signals on the DP Scoreboards. All but the S&P 500 had positive PMO crossovers on their weekly charts. This implies momentum in the medium term is now positive.
The purpose of the DecisionPoint Alert Daily Update is to quickly review the day’s action, internal condition, and Trend Model status of the broad market (S&P 500), the