VIX Dumps: Stocks Jump

There are very few charts which tell the story of this market as dramatically as does VIX’s. The most noticeable pattern is the falling purple channel which accurately signaled its highs and lows between Nov 2015 and Jan 2018.  But, this falling channel conflicted with a much larger rising yellow channel. In the wake of … continue reading →

CPI: The Games Continue

Everyone who drives knows that gas prices increased more than 3% month-over-month  – the official, seasonally adjusted numbers from the BLS in this morning’s CPI report.  Data put together by non-governmental sources confirms it.But, folks like GasBuddy and AAA aren’t responsible for cost of living adjustments for millions of Americans.  So, unlike the BLS, they … continue reading →

PPI Spells Trouble

Another day, another ramp job.  Yesterday’s oil and gas price recovery wasn’t enough to help stocks break out.  But, VIX’s dip below horizontal support was more than up to the task.There’s just one problem – inflation. Ignore the seasonally-adjusted PPI poppycock and look beneath the hood.  Petroleum products rose 21.7%.  That was an understatement, but … continue reading →

Decision Time

FLASH SALE EXTENDED: Now through May 4, we are offering auto-renew monthly memberships at half-off the normal price for the first month (not a free trial, but pretty darned close.) For details and to sign up now, CLICK HERE.  *  *  * Will the 11th time be the charm?  SPX and DJIA should test their … continue reading →

May 2nd – 2018 Style

While we wait to see if the COMP scenario plays out, we have a new wrinkle to consider. AAPL reported decent enough numbers, but added $100 billion to its already ballooning stock buyback plan. If this sounds familiar, it’s because stock buybacks have become the new go-to method of propping up faltering tech stocks enhancing … continue reading →