Rate hike vs. rate hike cycle

Recently, there has been a parade of regional Fed presidents calling for a serious consideration of a rate hike: Boston Fed's Rosengren, who appears to have becoming more hawkish after being a dove Richmond Fed`s Lacker San Francisco Fed`s Williams Kansas City Fed's George Atlanta Fed's Lockhart The hawkishness of regional presidents is no surprise....

Macro weakness: Just a flesh wound?

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 Trend...

Why a crowded VIX short isn’t equity bearish

Mid-week market update: Two weeks ago, I had forecast a minor stock market pullback as the SPX neared 2200 (see The market catches round number-itis). The corrective move hasn't happened and remain in a tight trading range. The one bright spot for the bull case is stock prices haven't fallen in response to bad news,...

Thanks, but I’m not that good!

It's always nice to get positive feedback from subscribers. One subscriber praised me for my trading model and wanted real-time updates of signal changes (which I already provide but wound up in his spam folder).   Another subscriber complimented me on my series of tweets indicating an oversold market on Thursday, which suggested that the...

Stay bullish for the rest of 2016

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 Trend...