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February 29, 2020 | Is This A Repeat of February 2018 Market Crash?

Back in early 2018, after a dramatic rally in early January 2018, the US stock market collapsed suddenly and violently – falling nearly 12% in a matter of just 9 trading days.  Our researchers asked the question, is the current collapse similar to this type of move and could we expect a sudden market bottom […]

February 29, 2020 | China PMI Contracts to the Weakest on Record

China’s manufacturing and service PMIs plunged to their worst readings in history. In the midst of a coronavirus pandemic, China Posts Weakest Factory Activity on Record The manufacturing purchasing managers’ index plunged to 35.7 in February from 50 the previous month, according to data released by the National Bureau of Statistics on Saturday, much lower than […]

February 29, 2020 | Phase I (sell off) Is Over – Next Comes Phase II and then III!

Trump calls the current sell-off a correction and says the Federal Reserve is CRAZY! The correction to our bubble stock markets has started. Some 3,500 points ($3.5 trillion in value) vanished into thin-air this week. The big question now is that this is only the beginning of the sell-off. Phase II and then phase III […]

February 29, 2020 | This Week in Money

February 29, 2020 | Trading Desk Notes February 29, 2020

The stock market surged to All Time Highs the first 2 weeks of February…ignoring red flags from the bond market, the US Dollar and gold…but the day of reckoning finally arrived and the market crashed with astonishing speed and determination. Waves of selling triggered more selling and prices tumbled like dominos.   Volatility ripped higher…a […]

February 28, 2020 | New Record Low Yields on 10- and 30-Year Bonds: Double Cut?

Treasury yields continued a massive plunge today with new record lows. I sense a double rate cut by the Fed on March 18. CME Fedwatch Odds If these yields hold the Fed will practically be forced to cut interest rates by 50 basis points on March 18. As it stands a quarter point cut would […]

February 28, 2020 | Buy the Dip is a Questionable Strategy

The stock market has started to react negatively to COVID-19 spreading outside of China. Markets are down about 10 percent from the peak valuations of mid-February 2020. During a steep correction, it has been profitable to buy stocks. This is called “buying the dip”. Is now a good time to add exposure to the market? […]

February 28, 2020 | The Big Ding

This story has been told before here. But tough. Listen to it again. My first market bloodbath was in October, thirty-three years ago. I was the hotshot, know-everything, financial-guru-editor-columnist at a large daily newspaper. In my office was a big metal box which spewed a continuous ribbon of newsprint covered with breaking news headlines, market […]

February 28, 2020 | Sri-Kumar: Fed to Cut Rates, Bear Market Likely to Last 6 to 9 Months

Falling global growth and risk-appetite are boosting the price of our bond holdings and driving down interest rates further on safety-seeking capital flows.  At this late point in hyper-extended credit and market cycles, more rate cuts and quantitative easing are likely to boost bonds further, but not avoid an overdue bear market in stocks.  Sri-Kumar […]

February 28, 2020 | The ECM & the Market Crash

QUESTION #1: Hi Mr. Armstrong, Might the current correction be the set up for the long awaited slingshot move? Regards, BE COMMENT #1: I just wanted to say thank you. I sold out on the ECM and bought puts on the market. You just paid off my mortgage. God bless you! HJ COMMENT #2: Marty, […]

February 28, 2020 | What Event Last Summer Predicted This Week’s Market Plunge?

Could China crackdown lead to Hong Kong toppling Communist Government?

February 28, 2020 | American Manganese CEO Discusses Stock Market Debacle

Environmental Permits for Lithium-Ion Battery to Become Tougher in the U.S. Read the Latest News. Read WBNG Article – “DIGGING DEEPER: Endicott Officials Demand Answers Before Battery Recycling Facility Moves In“. Read Bloomberg Article – “Audi Pauses Electric-Car Production as Tesla Zooms Ahead“. Read The Gateway Pundit Article – “To Stop The Current Short Sale […]

February 27, 2020 | Bear Stearns Déjà vu?

Having traded as high as $1691 in COMEX April gold and $18.92 in March silver on Monday on near-record volume and closing not far from those levels as of the 1:30 PM EST settlements, prices sold off sharply in the always thinly-traded afterhours. As expected, the all too common occurrence drew complaints of market rigging. […]

February 27, 2020 | Gold’s Up, So Why Are Gold Stocks Down?

Wall Street indices fell off another cliff this morning, officially entering correction territory. Gold, I’m happy to say, rebounded at the same time, doing its job as a safe haven. But most gold stocks are down… what’s wrong with this picture? Nothing, actually. Not in terms of normal market action. Gold is a safe-haven asset—gold […]

February 27, 2020 | Is the Hype on the Coronavirus a Political Conspiracy?

COMMENT: Marty; 29 million people have the flu this year in the USA. Nobody talks about that or how that will usually have a death rate of 2% (580,000). The elderly are always vulnerable to this every year. Nobody talks about that but the coronavirus with the same death rate gets all the attention when […]

February 27, 2020 | The Fed Will Cut Rates on March 18

It’s now baked in the cake. The Fed will cut rates on March 18 and most likely at least twice more. According to CME Fedwatch the odds of a rate cut in March jumped to 96.3% today from 8.9% a week ago.Looking ahead to December, it’s highly likely at least two additional cuts are on the way. […]

February 27, 2020 | Charts Saw It Coming, Even If Pundits Did Not

  The stock market at its most violent this week has been an easy read, just as it was when the tech sector imploded 20 years ago and during the financial collapse of 2007-08.  On the eve of today’s memorable carnage the short-term charts practically glowed with warnings of the Dow’s imminent, record-breaking plunge.  I’d […]

February 27, 2020 | Time to Put Mindfulness Back in Financial Planning

No one knows how long and wide the coronavirus goes.  In a best-case scenario, it’s contained over the next few months. What we know for sure, however, is that global growth and many businesses and governments are taking a big unexpected revenue hit in 2020. This will be hard to absorb because debt levels are […]

February 27, 2020 | The Real Deal

Nancy’s in a state. “Hope you pick a scared-looking puppy for this post,” she says.  “Feels very appropriate.” No, we’re gonna use a cat. However, she caught my attention with a pretty good MSU: “My husband initially forced me to read your blog (out loud to him) with plenty of sighs and eye rolls on […]

February 27, 2020 | The Burning Platform SPIRITS IN THE MATERIAL WORLD

There is no political solution To our troubled evolution Have no faith in constitution There is no bloody revolution The Police – Spirits in the Material World As I was driving home from work last week, an almost forty-year-old song began emanating from my radio. I’ve always appreciated the music of The Police, but was […]

February 27, 2020 | Warning Signs Predicted Major Market Meltdown

How will US Dollar fare in declining equity markets?

February 27, 2020 | Has the Bubble of All Bubbles Burst?

Is it right to blame Corona Virus for giant market drop?

February 27, 2020 | Damn the Virus, Full Speed Ahead

Maybe it was next door all along

February 27, 2020 | Cypress’ Don Mosher Discusses the Importance of NORAM Engineering Test Results

Completes Process for the Prefeasibility for Clayton Valley Lithium Project in Nevada. Read the Latest News. View  Corporate Presentation. Questions?  Email  or Phone: 604.687.3376

February 27, 2020 | Shorts Have Mounting Uncertainty on Their Side

Wednesday’s Whoopee Cushion bounce trapped buyers when the short squeeze apexed around mid-session. The subsequent dive has continued into early evening and portends some tough days ahead for bulls.  I’ve provided some precise downside targets in my latest update for the E-Mini S&Ps, but suffice it to say that if the lower of them is […]

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