Latest Blog Posts

Markets enter correction! This is “the master chart” to watch

It may not yet seem like it to some, but I believe the US equity markets have already entered a “true” correction, and this is “the master chart” to watch, which happens to be a chart for bonds, not stocks! Let me digress… On our trader’s forum (google: “Talking Stocks Forum”), I had announced over…

Stock Market Prediction for 2018

HAPPY NEW YEAR!!!  New Year’s Day always leads me to want to pull out the old crystal ball and try to make a stock market prediction for 2018.  To make this exercise simple, and understandable for most readers, I decided to focus on what the Dow Jones Industrial Index could do in 2018. After all,…

Will Equifax trigger a recession?

Here’s another under-the-radar BIGGIE that a lot of people may be missing, and it could spell disaster for the economy and stocks…. As you probably know, EQUIFAX ( NYSE: EFX ) suffered a huge breach of its database that compromised almost every adult American’s identity, and my fear is that this could trigger a recession! Now, here’s…

PLANNING AHEAD/ VXX AT DOUBLE BOTTOM?

Today, I bought 3 VXX Sept 20th $20 call contracts a short time ago. By all appearances, though not yet confirmed, the iPath VXX ETN appears to be at a double bottom.  The current price is in the high $16’s, so I would need to see about a 25% spike in the VXX to get this…