One of the most important contributions made in the science of market analysis is the series of equity market rhythms known as the Kress Cycles. The one who discovered these cycles, Samuel J. “Bud” Kress, has done for cycle theory what virtually no one else been ... Read More
Tag: Kress Cycle
20
Jun2010
Everywhere one turns it seems that fear lurks just behind the corner, just waiting to pounce. Every day we’re bombarded by fear in the news headlines, be it from a financial, economic or geopolitical perspective. Nowhere is this more apparent than the current fear campaign over the ... Read More
June 20, 2010chanakya
10
Mar2010
I received an interesting e-mail the other day that sheds some light on the current state of investor psychology. He writes, “I hear from a hedge fund and analyst friend that most major cycle work tops out from this coming week thru April and [he says] it’s ... Read More
March 10, 2010chanakya
06
Feb2010
Our recent commentary on the subject of market manipulation elicited a wide range of feedback, pro and con. Some respondents agreed with my assertion that, assuming the existence of market manipulation, it doesn’t preclude one’s ability to successfully navigate financial markets with a reliable technical discipline. Others expressed the view ... Read More
February 6, 2010chanakya
31
Jan2010
The news spotlight recently was stolen by Google, the Internet search engine giant. A statement issued by Google a couple of weeks ago was greeted by dismay on Wall Street as shares retreated in response to the company’s announcement that it no longer supports China’s censoring of ... Read More
January 31, 2010chanakya
23
Jan2010
In their timely look at the panic of 1907, Robert Bruner and Sean Carr focus attention on what they believe to be the underlying causes of the ’07 stock market crash and recession, drawing parallels between it and the credit crisis of more recent times. Their book, ... Read More
January 23, 2010chanakya
09
Jan2010
I received an interesting comment from my previous commentary, “Prospects for Economic Recovery in 2010.” The basis of my claim that 2010 will witness some economic recovery was the “6-9 Month Rule” of Dow Theory fame. Simply stated, this rule says that a 6-to-9 month stock market ... Read More
January 9, 2010chanakya
09
Sep2009
Talk is now circulating in financial quarters of a new “mini-bubble” in the making. Apparently the unbounded rise in the stock market is reviving fears of another collapse like the one suffered last year.
Another reason that the “hated rally” has sparked fears is that we’re about a year removed from ... Read More
September 9, 2009chanakya