For years I have been updating a 1920s comparison chart on this site, until mid 2015. That’s when the current bull market started falling behind compared to the 1920s, as reported in this post. I want to revisit this chart today and the reason will be clear from this updated chart: The current bull market… Continue reading Is this it?
Tag: 1920s
What happened with Dow 32000?
Today we revisit the Dow 32000 scenario that I have updated from time to time since the summer of 2013. The Dow has not kept up with the 1920s in recent months, but the Fed has also not started raising rates yet. What will happen when they do? More on that below, first we take… Continue reading What happened with Dow 32000?
Breakout imminent
Stocks weakened last week, but the Nasdaq remains in the rising wedge pattern that started last year. It is still not clear which way the eventual breakout move will go. Here is the current Nasdaq chart (click image to enlarge it): Thursday’s drop threatened a breakout to the downside, but Friday’s recovery shows the Nasdaq… Continue reading Breakout imminent
Why is the stock market so depressed?
Why is the market so depressed? That may sound like a funny question, because more than a few observers want us to believe that stock investors are becoming euphoric after 5 years of ongoing bull market. But is that so? Where are the signs of retail investors becoming euphoric? Or is it conjecture based on… Continue reading Why is the stock market so depressed?
Dow 32000 remains on track
Markets continued to surge last week, racing right back to new record highs for some indexes. With the month of October behind us I am updating my Dow 32000 scenario, which just refuses to go away, and we will also look at potential causes for a final mania. But first we take our weekly look… Continue reading Dow 32000 remains on track
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