World stock markets showing extreme volatility. What lies ahead?
Our call on August 8th about an important bearish signal in the Dow (see below) was quite accurate. Has the market gotten your attention? Trying to make sense of it? For a limited time (until September 1, 2015), we are offering a discount on E$caping Oz: Navigating the crisis. Enter coupon code "CRASH2015" at the checkout.
Bearish Signal in Dow Jones Industrials
The week concluded 8/7/2015 was an important one for the Dow Jones Industrial Average (DJIA). A couple of times in 2014, the DJIA came very close to giving a medium-term bearish signal only to stage furious rallies to maintain the bullish trend. Not so last week. Read the following article for more.
A Wolf in Sheep's Clothing
Discussion of stock market cycles can get esoteric. It is important, though, to understand where a market sits relative to other historical periods, both bullish and bearish. In this article, we start with a teenager's opinion about holding stock paying no dividend and extend towards a macro discussion on secular bull and bear markets. We also mention how the recent contagion in Greece and Puerto Rico as well as the stock market meltdown in China can shed light in understanding these cycles.