The Big Picture

Courtesy of Ron Griess of The Chart Store, here is the percentage of SPX stocks over their 50 day MA has dropped considerably: >

> Citigroup and BAC jump on Friday afternoon; JPM and then the S&P 500 followed: > > Stocks tanked on Friday with the ugly...

I was NOT going to bother commenting on a recent BusinessWeek cover, as its Escher like approach is clearly NOT a Contrary Indicator....

~~~ Here is part I

Be sure to see Lakshman Achuthan’s Think Tank commentary “Managing Risk: When to Put Your Money Under Your Mattress.”...

Lakshman Achuthan is co-founder and managing director of the Economic Cycle Research Institute (ECRI), an independent organization...

We can put into perspective the asset inflation we are seeing in many different asset classes that has been achieved in part due to a...

World’s major powers including China and Russia don’t want to ‘finance’ American military adventures anymore....

“In late ’08 and early ’09, the cash rate was lowered quickly, to a very low level, in expectation of very weak...

“There’s a lot of risk going ahead of some big bumps. There’s a very big risk that markets have been irrationally exuberant.”...