Goldman Sachs’ Bear/Crash Indicator at highest level since 1969

An indicator that was developed by Goldman Sachs which measures future bear-market risk has risen to its highest level in 50 years.   Goldman’s Bull/Bear Index, which is based on the metrics below is at its highest level since 1969. Equities valuations Growth momentum...

Take advantage of Overstock.com’s Share Price Weakness

Investors and traders should give serious consideration to take advantage of the weakness in Overstock.com’s share price which has been caused by short sellers.  Overstock’s shares will soon resume the upward momentum that they had after the company made an...

Dangerous Months of September & October Await Markets

After Labor Day the markets will enter the treacherous September/October time period. Since 1950, the month of September has produced a decline for all of the major indices. October is a month known for crashes. The reason why September has historically bad for is...

Recent New all-time highs for Indices is Suspect

Two of the three major US indices including the S&P 500 and the NASDAQ closed at all-time new highs yesterday.  However, the new all-time highs being an indicator that the 2009 secular bull is still alive and that the indices will continue on to newer all-time...

Housing and Consumer Confidence both Weakening

According to today’s housing report from the US Commerce department new single-family home sales in July declined by 1.7% to the lowest level since October 2017.  Sales in the South declined by 3.3%.  Sales in...