Bottoming Process Continues with Decreasing Momentum
Last week, I wrote about stocks entering the bottoming process. After a decline of 1100 points in the Dow, there was a possibility that the correction which began on January 26 was ending. The only thing I did not want to see was a large up opening with stocks rallying all day. Well, that’s exactly what happened last Monday. It just prolongs the inevitable. I still believe that there is a good chance of seeing a 1000 point down day, […]
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Date: April 2, 2018
Top 8 Shocking Surprises Plus 2 Bonuses Under Donald Trump
The Friday before the election, our quantitative election model forecasted that Donald Trump was going to be the 45th President of the United States. I didn’t believe it myself, yet I didn’t question whether the model was broken. After all, it’s accuracy rate has been higher than 80%, correcting predicting every election since 1996. After a barrage of media interviews where some questioned whether I was just a shill for Mr. Trump, the election came and he was in fact […]
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Date: January 31, 2017
U.S. Possible Recession Part I – The Consumer
There has been renewed chatter lately about the U.S. economy being on the verge of recession. It’s not as loud as we (wrongly) heard in 2011, but it’s definitely growing. I vividly remember the Economic Cycle Research Institute doing interviews on CNBC, Fox Business, Bloomberg and just about every major financial website, pounding the table that there was almost 100% chance of recession in 2011 and their indicators were “never” wrong. “Never” is one of those words I don’t typically […]
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Date: August 17, 2015
The Single Most Overhyped Event Since Y2K
Here is the latest Street$marts that talks about Black Friday, Facebook, Apple, the “dreaded” Fiscal Cliff, how the bull market ends and some evidence of a weakening economy. http://www.investfortomorrow.com/newsletter/CurrentStreet$marts20121211.pdf
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Date: December 14, 2012
CNBC’s Squawk Box Wednesday @ 6:20am
I am going to be on CNBC’s Squawk Box on Wednesday (11/21) at 6:20am discussing the Fiscal Cliff, our forecast to year-end and the potential for recession. After that, I hope to have a Street$marts to you by the end of the day. Just in case I don’t, I wish you and your family a very happy Thanksgiving! Paul
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Date: November 20, 2012
