Category: Weekend Newsletters

WEEKEND NEWSLETTER 12/23/2018

Sun, 23 Dec 2018

  To know where we are in the markets, first, we need to understand where we are in the broader economic landscape. The US stock market is weaker than I anticipated going into year-end. I felt stocks would reach new highs after an October slump. Instead, they have fallen to new lows. Bearishness abounds, and […]

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WEEKEND NEWSLETTER 12/02/2018

Sun, 2 Dec 2018

  It looks like commodities, measured by the CRB are descending into multi-year lows. If I’m correct about oil, we should see a significant bottom in the first quarter (Q1) of 2019. Precious metals typically bottom before oil and the CRB. I think gold will bottom in December – January at the latest. The indecision […]

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WEEKEND NEWSLETTER (OIL INSIGHTS) 11/23/2018

Fri, 23 Nov 2018

  There are many calls for a new bear market in stocks; I don’t see it just yet. In my opinion, several pieces of the recession puzzle remain missing. Nevertheless, the bearish talk caused me to go back and reevaluate the charts for clues…and I uncovered an interesting observation in the oil market. Higher oil […]

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WEEKEND NEWSLETTER 11/11/2018

Sun, 11 Nov 2018

  I’m going to start by revisiting the University of Michigan consumer sentiment numbers. There’s a lot to digest in the first chart, but if you study it, I think you’ll see the powerful inverse correlation with gold. Next week should be interesting. Monday and Tuesday will set the tone for the week. I’ll post […]

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WEEKEND NEWSLETTER 11/04/2018

Sun, 4 Nov 2018

  We made it to the midterm elections. It will be nice when they’re finally behind us. Big money and businesses hate uncertainty. They want to know what the business and tax environment will be like in the coming years. Politicians make that difficult. They quarrel back and forth vowing to undo whatever the prior […]

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