The macro risks that keep me awake at night

Preface: Explaining our market timing models We maintain several market timing models, each with differing time horizons. The "Ultimate Market Timing Model" is a long-term market timing model based on the research outlined in our post, Building the ultimate market timing model. This model tends to generate only a handful of signals each decade. The...

On the verge of a “good overbought” rally, or market stall?

Mid-week market update: As the market broke out through the round number 2900 level, I am indebted to Urban Carmel and others for pointing out that the index is testing a key uptrend line.     There are a number of common elements of the current market conditions to past tests of the uptrend: By...

Why the Powell Jackson Hole speech was less dovish than the market thinks

I am late on this analysis, but I spent some time on the weekend reading, and re-reading Powell's Jackson Hole speech. Contrary to the market's interpretation, I concluded that his speech was not as dovish as the market thinks. There is much at stake for equity investors. The stock market is already risen to its...

10 or more technical reasons to be cautious on stocks

Preface: Explaining our market timing models We maintain several market timing models, each with differing time horizons. The "Ultimate Market Timing Model" is a long-term market timing model based on the research outlined in our post, Building the ultimate market timing model. This model tends to generate only a handful of signals each decade. The...