Monthly Archives: August 2017

All But Over

Don’t think. It’s the best advice I can give you. —from Isaac, by Ray McManus This will be my last essay on stocks for the remainder of the Grand Supercycle bull market. The preferred scenario is for the correction underway … Continue reading

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When Words Fail Me

There is always an abundance of stupid stuff going on at big market tops. This one is a stunner: The VIX is a sentiment indicator that shows the implied volatility ahead. Low volatility is associated with rising markets and high … Continue reading

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Smoke Signals

We love because it’s the only true adventure —Nikki Giovanni We got back from the mountains last night and I charted the daily Dow Jones Industrials. We look to have completed an ending diagonal triangle with a throw over: Last … Continue reading

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