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Stock Market Trends: Back on the Bad Wagon

Last week we wrote to expect the markets to follow the right side of a triangle downwards. We said it was kind of obvious that the markets would test the November lows where the bottom of the triangle and an inverted “T” crossed paths. To start the week, we were dead wrong. By the end […]

Sector Performance: Upside-Down you are Turning Me

Well- there goes all of our buy signals confirming one another. The one thing we did get right is that the market is looking to Washington, D.C. for direction. Yesterday investors didn’t like what they heard from Tim Geithner. We agree with Larry Kudlow that the Treasury Chief is going to have a difficult time […]