Author: Kevin Klombies

With the markets essentially closed yesterday we found the time to do some work on a new thesis. Given the sheer scope of the argument we have extended the analysis over the fourth page with the wrap up on page five. To set the...

Our basic view has been that as long as the long end of the Treasury market remains flat in terms of price the S&P 500 Index should grind to the upside. From time to time the trend gets somewhat choppy but as best as we can...

We have three explanations for Friday’s stock market decline. Well, perhaps four.First, it was Friday, October 19th- the anniversary of the Friday, October 19th, 1987 stock market crash. Second, the seasonal trend argues...

Once a year we get a bit of a gut twinge when we write October 19th for the date. Since we don’t recall the 1929 ‘crash’ the markets event that stands out the most to us was the ‘crash’ on October...

It is once again time for the U.S. weekly jobless claims report. We have argued for the past few years that this is likely the most important economic number for the markets. Inflation numbers come and go, trade deficits rise...

Below is a chart comparison that we have been showing in one form or another for months. And months. While we often get bored writing about the same thing time and time again we have been making an exception in this case...

In a markets trend that works from ‘offsets’ the idea of bull market or bear market loses both importance and relevance. Now we have to find some way to explain what this is supposed to mean.Below is a chart...

Let’s get the jobless claims topic out of the way first. From CNBC.com yesterday, ‘Stocks erased their earlier gains to hover around the flatline Thursday as the earlier bounce from a better-than-expected jobless...

We are envious at times of those who can simply follow mechanical trading rules by buying or selling dispassionately when moving average lines cross or some arcane indicator turns higher or lower. Our passion isn’t so much...