I just did this podcast with Ike Iossif of marketviews.tv. In it we talked about his money flow indicators in regards to the stock market and gold.
Stock Market News
Bloomberg did a story this morning on nine charts that bubble bulls are completely ignoring right now.
"The most likely reason for the slowdown is that profits have run out of steam, so firms have less cash to deploy. Forecasts suggest that earnings per share declined by 3%..."
This current move up in the stock market that began last Thursday is being led only by very few stocks.
David Skarica is preparing for a big market drop and so can you.
This video shows you where some new bull markets are starting right now.
"...stock valuations are very high and portend great downside risk. Indeed, topping valuations abound."
Chinese stocks are crashing, down over 7% today alone. Of course US stock market bubble bulls ignore this...
Ichan issued this warning on stocks and high yield bonds - trying to warn the public on the dangers they are in.
"According to a survey of 1,000 adults released by Bankrate.com on Tuesday, nearly one in three (29%) American adults (that’s roughly 70 million) have no emergency savings at all..."
"The Federal Reserve has utterly dominated stock-market sentiment in recent years, to a truly shocking degree."
This is CNBC. And it is insanity.
Some worry that rike hikes would hurt the stock market, but Steve LIESman says not to worry and that all future rate hikes are already "priced in."
Marc Faber said Thursday the Fed will have to unleash another round of quantitative easing.
“You can borrow money so cheaply and you look at earnings. These earnings are sort of false earnings. They’re based on very low interest rates.”
All bubble bulls are united in their belief that the stock market will go up forever and have positioned themselves accordingly with record margin debt. But what about the regular person?
"The S&P 500 ended last week down 0.7 percent, marking its sixth straight week with a move of less than 1 percent, the longest stretch of calm since May 1994."
The internals of the stock market are disintegrating and more stocks are going down then up.
"At one of every five companies, these "adjusted" profits were higher than net income by 50 percent or more."
"When I look at the whole financial sector … I feel like [I'm] on the Titanic. We're fighting about deck chairs..."
"....multiples of 18 to 19 times earnings are not excessive..."
The masses found a way to borrow more money to buy more stocks...
David Skarica believes we are building up to the zero interest rate bubble...
Today, six and a half years after the collapse of Lehman, there is a Bigger Short cooking....
"I think that the 35-year bull market in bonds and in stocks is ending. Now, when you say something like that, it conjures up a crash. It doesn’t have to be that way."
Discussed during this session were airline stocks to short, bond market trends, future prospects for the US stock market, and gold.
US stock market floats around giving bubble bulls a chance to buy at high prices.
In this webinar we talked about the US stock market and the current breakout in the DOW and S&P 500 to new highs - and what it means.
Wal-Mart missed analyst estimates on dismal retail sales.