Category Archives: Articles

Articles on current topics.

The Long Wave Dynamics approach to Fibonacci drill-down price grids in any market index such as the S&P 500 and European S&P 100 generates extraordinary actionable market intelligence for investors and traders. Creation of the drill-down Fibonacci grid approach to market analysis is the result of decades of market cycle research and studying the market…

The op-ed in the Washington Post a few weeks back by Federal Reserve Chairman Bernanke contained a few interesting revelations. Bernanke came clean on what he is doing, or at least trying to do with the trillions of dollars he has been passing out to the world’s needy that show up with tin cup in…

Most investors are aware that Benjamin Graham, author of The Intelligent Investor, the acclaimed investment book first published in 1949, is the father of value investing. The basics of value investing are that when you buy a financial asset like a stock or bond, the reason to buy is for the future cash flow that…

Tracking Market Cycles as “Fields” in Price and Time The rather ominous sounding Hindenburg Omen was the latest in a long line of one-off indicators said to be heralding an imminent global stock market crash. The basic premise of the Hindenburg Omen is worthy of contemplation. Extreme readings in the number of shares reaching new…

If you were not looking for an important potential market top in the 20-week cycle, that was anticipated to be running long, on November 8, as the market closed in on the S&P 500 target of 1228, you must not be familiar with the Long Wave Dynamics approach to market analysis. The Long Wave Dynamics…

In Round QE1 2007-2009 of the unfolding global financial crisis, Federal Reserve Chairman Bernanke fought a remarkable round. It was the global financial and economic heavyweight fight of his life. Bernanke’s effort temporarily prevented a global deflationary debt and economic demand collapse in the unfolding Kondratieff winter season. It remains to be seen whether QE1…

The idea that markets tend toward a state of equilibrium is a fundamental principle of the efficient-markets hypothesis (EMH). This hypothesis, based on an equilibrium driven world, has ruled academia and served as a primary driver of institutional investment decision making for decades. However, it remains a hypothesis because after decades of analysis it has…

Analyzing a 2-day 15-minute interval S&P 500 chart from last week, August 19-20, 2010, provides a valuable lesson in Fibonacci ratio related market action. The Level 3 grid included in the chart below comes from drilling down through the Fibonacci ratio price grids in the entire 1982-2007 bull market. What this chart demonstrates is that…

Markets were briefly in a tizzy last week because of the rumor the Obama Administration was poised to announce an August Surprise, supposedly the forgiveness of at least a portion of millions of mortgages held by Fannie Mae and Freddie Mac for underwater homeowners. The word on the street was that this planned debt forgiveness…

Gold has been on a tear since the low in 1999 at $252.50 ($GOLD) per ounce, thrashing virtually every other asset class for over a decade as it soared to its $1265 high in June 2010. A solid case can certainly be made that as long as the dollar is being destroyed by loose fiscal…