Nov 7, 2018

This Is Going To Be A Protracted Bear Market

This is going to be a protracted bear market like the one we had from 1966 to 1982 with 16 years without a new stock market high.The cost of living back then went up dramatically, and it’s going to rise even more dramatically during this secular bear market.

Nov 1, 2018

General Electric (GE) Is Less Valuable When It Can't Pay A Dividend

General Electric (GE) closed at $10.10 down 8 cents and it made a new multi-year low. It's the first time it's been below ten dollars in 8 or 9 years. The reason that GE got clobbered by 9 percent yesterday was because they had announced the evening before that they were eliminating their dividend and so obviously GE is a lot less valuable when it can't pay a dividend.

This Rally Is A Correction In A Bear Market

The fact that there is no fear to me shows that it's more likely that this is not the end of the correction but the beginning of the bear market and that this rally is the correction. In bull markets, the market going down is a correction because the trend is still positive, still up - well, in a bear market it's the opposite the rallies are the corrections.

The Biggest Decline In A Month For The Nasdaq Since 2008

The US stock markets closed higher today for the second consecutive day for the first time in the month of October and a lot of traders are probably happy that the month of October is over. Despite the back-to-back rally this is still the biggest decline in a month for the Nasdaq since 2008!

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