“The EU has now had a decade of economic crisis and is slowly moving from economic crisis towards a full-fledged social/political crisis which will be its ultimate undoing. Result: European capital will look for a safer place to park.” The Trend Letter founder and editor Martin Straith joins Michael to discuss how moving and diversifying […]

The S&P 500 closed Friday at 2670.71 up 2.87% for the week and up 13.58% from its December 24th low. While this rally has been very impressive, our timing models are showing that Tuesday will be a key date (US markets are closed Monday for MLK Day), and suggests we could see a top and directional change […]

After a being down almost 16% so far in December, the S&P 500 soared a record 116.60 points or 4.86% on Boxing Day. A recovery was certainly not unexpected to Trend Letter subscribers as we have been warning on how oversold the market was. But be careful here, we are not out of the woods […]

For months we have highlighted our model’s target of 2470 as a low for the S&P 500. In our November 11th post we showed our model’s bearish projection for the S&P 500 to have a cycle inversion targeting a drop to 2600 and even 2500 by year-end.  In our November 20th post we showed the following chart of our models’ projected […]

In our November 11/18 issue of the Trend Letter we showed a chart with our model’s bearish projection for the S&P 500 to have a cycle inversion targeting a drop to 2600 and even 2500 by year-end.  With last night’s close of 2690 being sub 2700, we now have the scenario where this 2600 target […]

S&P 500: After a huge up day yesterday the S&P 500 consolidated today, closing down 7 points. The S&P is trading above its 200-day MA (pink line) and within its 2-year uptrend channel. The S&P needs to push above the 2830 level by Monday or it re-opens the door for a possible cycle inversion where instead […]

Stocks: In our October 24th Market Update we stated: S&P has been trading above its 9+ year uptrend channel, although it has now fallen below the upper level of that channel.  All this action is bearish, suggesting that the S&P will very possibility test the 2600 level.  Given that markets decline much faster than they […]

Stocks: Another wild day as the markets opened strong, dropped dramatically, recovered some of those losses, but finally closed lower. The Dow had a swing of over 900 points during the day with the S&P and Nasdaq also having tough days. At the end of the day the tech heavy Nasdaq was down 2.02%, the Dow down […]

Stocks: Another wild day in the markets with the S&P 500 trading in a range between the high at 2753.59 to a low of 2691.43, before rallying back some to close at 2740.69, down 15.19 or .55% for the day. The latest news driving the market down was.. a Chinese official told a group of […]