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Equities Delicately Poised For Big Move
Posted on 09/25/2006 16:38:54 | Link | Post Comment
0920 EST Tuesday February 14 2006
Good Morning: Yesterday, the Equity Markets were in such a delicate balance, they were almost treading on eggshells they were acting so nervously, that the slightest news either way, was enough to send Equities from one extreme to the other. Following a weak overnight pullback early Monday morning and pre-opening session recovery, the actual opening continued to move the market higher, right into the Noon Day gun, only to suffer a sharp afternoon slump, that still had enough zip to snap back in late session and strengthen quite considerably overnight going into Tuesday. So the outlook is beginning to brighten again for Equities to potentially break out higher and in another welcome sign, Copper rebounded sharply overnight and Gold and Silver also turned positive, also stemming recent declines.
Yesterday, on CNBC, Sr Economist Steve Liesman gave a telling account of where Equity markets and indices stand today within a thirty year framework and it was a stunning revelation that strongly backs up what we have been saying here for some time. Ie: That the potential mid-decade liftoff we could get, that in many respects is very similar to that of the mid 1980's and 90's could be one of the very best ever as the Economy is in better shape, than at any time past at this juncture and US Corporations have never been more profitable, nor have they held more cash reserves. Summing up, Steve concluded that stocks could potentially be at their cheapest levels since the early 80's.
That would be a very big deal and would support our theory that a potential 3rd Wave or even Super Third Wave could unfold in the coming months and years that would defy the skeptics and naysayers as we have not seen any real powerful third wave activity in some time. One
very compelling idea put forward, is that as interest rates start to decline, not only do they help stimulate growth, but they tend to make companies more profitable and stocks more valuable, so we really are at an interesting time right here and now and again could potentially defy those naysayers who dictate that 2006 has to be a down year because of the mid-term elections or because it is the year before what could be a blockbuster pre-election year in 2007. Doesn't have to be. Didn't happen in 1986 (Up 19%) and didn't happen in 1996, which also was a banner year, though an exceedingly volatile one and that is something we can definitely not rule out for '06 that's a virtual certainty.
Trade Well
From the Desk of Savant
Good Morning: Yesterday, the Equity Markets were in such a delicate balance, they were almost treading on eggshells they were acting so nervously, that the slightest news either way, was enough to send Equities from one extreme to the other. Following a weak overnight pullback early Monday morning and pre-opening session recovery, the actual opening continued to move the market higher, right into the Noon Day gun, only to suffer a sharp afternoon slump, that still had enough zip to snap back in late session and strengthen quite considerably overnight going into Tuesday. So the outlook is beginning to brighten again for Equities to potentially break out higher and in another welcome sign, Copper rebounded sharply overnight and Gold and Silver also turned positive, also stemming recent declines.
Yesterday, on CNBC, Sr Economist Steve Liesman gave a telling account of where Equity markets and indices stand today within a thirty year framework and it was a stunning revelation that strongly backs up what we have been saying here for some time. Ie: That the potential mid-decade liftoff we could get, that in many respects is very similar to that of the mid 1980's and 90's could be one of the very best ever as the Economy is in better shape, than at any time past at this juncture and US Corporations have never been more profitable, nor have they held more cash reserves. Summing up, Steve concluded that stocks could potentially be at their cheapest levels since the early 80's.
That would be a very big deal and would support our theory that a potential 3rd Wave or even Super Third Wave could unfold in the coming months and years that would defy the skeptics and naysayers as we have not seen any real powerful third wave activity in some time. One
very compelling idea put forward, is that as interest rates start to decline, not only do they help stimulate growth, but they tend to make companies more profitable and stocks more valuable, so we really are at an interesting time right here and now and again could potentially defy those naysayers who dictate that 2006 has to be a down year because of the mid-term elections or because it is the year before what could be a blockbuster pre-election year in 2007. Doesn't have to be. Didn't happen in 1986 (Up 19%) and didn't happen in 1996, which also was a banner year, though an exceedingly volatile one and that is something we can definitely not rule out for '06 that's a virtual certainty.
Trade Well
From the Desk of Savant
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Examples
Morpheus Trading - Mon Jul 21, 2008 08:33AM
NOTE: Please click on the charts below to enlarge them if [read more]
NOTE: Please click on the charts below to enlarge them if [read more]
Morpheus Trading - Mon Jul 21, 2008 08:31AM
NOTE: Please click on the charts below to enlarge them i [read more]
NOTE: Please click on the charts below to enlarge them i [read more]
Millionaire Now! by Larry Nusbaum - Tue Jul 22, 2008 09:23AM
Hedge funds have made billions this year shorting the banks, [read more]
Hedge funds have made billions this year shorting the banks, [read more]
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