Only 30% of Wall Street analysts expected the Federal Reserve to taper and most of Wall Street feared a post-taper meltdown. Who would have thought that stocks would melt up following the taper decision? This average Joe’s chart talk did.... >> READ MORE...

The Federal Reserve has been very accommodating and assured Wall Street of its full support (no taper) each of the last four meetings. Nevertheless, stocks sold off every time. Will this time be a repeat?... >> READ MORE...

What’s up for 2014? Nobody knows, but there are some indicators and early barometers that provide a sneak peek for the year ahead. One of them has been spot on 17 out of 17 times.... >> READ MORE...

The most dangerous truths are half truths and as it turns out, the most widely quoted Santa Claus Rally cliché is as much of a myth as Santa Claus himself. If you bet on this piece of ‘Wall Street wisdom,’ you’ll be wrong 8 out of 11 times.... >> READ MORE...

The actions of the Federal Reserve may be a symbol for everything that’s wrong with American business and ethics. However, sometimes the ‘paparazzi’ go too far and vilify the Fed unjustly … at the cost of Mom and Pop investors.... >> READ MORE...

While Wall Street was closed and investors were sleeping, the S&P 500 and Dow Jones futures tested important support. This is significant as this concealed (by the cash market) decline may have ended this correction.... >> READ MORE...

The VIX has lost its credibility as a contrarian indicator useful for spotting stock market tops. Ironically, there is a particular VIX ratio that’s pinpointed every market low and associated buying opportunity in 2013. ... >> READ MORE...

Precious metals will enter the history books as worst performing sector of 2013. Silver prices are down 60% from their 2011 high. Surprisingly, silver investors seem to be equipped with a cast iron stomach … which may be needed until a bottom is found.... >> READ MORE...

The Federal Reserve is the most powerful financial institution in the world and yet it is like the emperor without clothes. Ironically, the very force the Federal Reserve is most afraid of may be the only thing to save the Treasury.... >> READ MORE...

The Russell 2000 just sliced convincingly below double support (look for chart). This could be troubling as investor sentiment is at bullish extremes, but there’s reason to believe that the sell signal will be overturned soon. Here’s the key level to watch. ... >> READ MORE...