I Still Remember OBV By J. Granville...

Do Not Believe Stupid Headlines

(Source: O Globo)
Central Banks actions are reactive in nature (much like the Average Joe).
These institutions always fall prey to climax selling and buying of assets.

R.I.P. Mark Douglas

Convergence Of Long-Term Signals...

Bull Market Is Over?

Sorry for being blunt. [But that is what this highly unpopular blog is all about. :D] Well...equity markets will not crash and burn tomorrow or next week (Note: the last 3 trading sessions have made headlines all over the world). No charts for this post...only the figure above where a starving bear chases one long-only investor. Let's wait until monthly charts are closed. Then I will shed some light on the no-so-horky-dorky charts of major US and international averages.

US Equities: Bears Gaining Traction

Bad News For Emerging Markets