Junkbonds cry Wolf ?

Divergences look threatening

 Breadth Indicators in Technology as well as our suite of VIX indicators send strong ALERTS !

Long but freakingly concerned aka. 'the wall of worry'

This trend is right until it changes.....but there are plenty of contradictions.

We could give you 10 good reasons to be long (Trading Model, Junkbonds, Call/Put-ratios etc) and as many reasons why not.

There is VOLATILITY in the AIR!!

Gold looks promising

Trend, TimeCycles and Pattern paint blue skies.....

Does Google Trends offer some predictive powers ?

At extremes you can find 'Google Trends' helpful. At this stage I'd like to see a value of at least 40 to support the notion of a LOW or at least some kind of Vola expecting event, be it in SILVER, GOLD or Stocks. We linked some searches on the right hand side of our blog. 

EURO: Head-Shoulders Pattern still in play

The Fibo structures resulting from the last 5 years set the boundaries for the current Head & Shoulders Pattern.

Market Dislocations: 'Wall of Worry' short covering could come soon....

Mr. Market goes parabolic against a 'Wall of Worry'. This is normally a very bullish sign because we have to expect that most of these loosing 'Wall of Worry'-trades will trigger a wave of short covering. Or maybe it is different this time.

Weekly Observations: 'Sell in May' looks like a good Strategy this year.....

The following graphs should underline our theme of the topping formation Mr. Market is in, which seems to jive nicely with the old 'SELL IN MAY' adage.

We believe that there is a good chance that the stock market will correct some time, the dollar will be strong und Gold will move opposite to the stock market.

VixOsc takes hold in nthe BEAR land

Head & Shoulders Pattern back in play in the EURO

...a failed upside breakout at a double Fibo level tells a story....

The Character of the Market is changing

This is not a bullet-proof indicator, but a solid warning signal that a change of character is coming our way.

Sentiment: Boston vs. 911

Gold Panik has reached the 1300 level

1440 and 1300 were the expected next stops in Gold, boy we did not see a $300 - 3 day tumble like this. THIS IS THE GREAT GOLD PANIK of 2013 driven by fear and liquidation.

If this stops at 1300 and the last move was just a correction within the bigger bull (working assumption)  then we have to gage this correction as the biggest one since 1999 which means that...

Wave 1 (Impulse) : 1999:2009 

wave 2: (Correction): 2009:2013

WAVE 3  (Impulse) :2013-2023+ 

....WAVE 3 will carry GOLD far beyond $2000.

If Gold fails 1300 then better get the hack out of it...!!!!!

Why we still believe that Mr Market is in a topping formation