by Michael Markowski | Oct 23, 2018 | alerts, Extra Cat, Tariffs
October 23rd is the 89th anniversary for the 1st day of the Crash of 1929 The Smoot Hawley Tariff was the cause of the crash of 1929 which commenced 89 years ago on October 23, 1929. The legislative process that the Smoot-Hawley tariff underwent beginning in 1928...
by Michael Markowski | Oct 22, 2018 | alerts, Extra Cat
The market correction which began on October 10 is far from over. The lifting of the restrictions for share buybacks by corporations who are reporting earnings for their fiscal periods ended September 30 will not matter. Two things happened during the week ended...
by Michael Markowski | Oct 17, 2018 | alerts, Extra Cat
The signal for the Bull & Bear Tracker has gone from RED to GREEN. The market crash that had been underway since October 10th has been abated. Those who participated in my strategy which I outlined in my October 5, 2018, article entitled “Perfect Storm Brewing...
by Michael Markowski | Oct 16, 2018 | alerts, Extra Cat
On Tuesday October 16th the S&P 500 rallied by 59 points and increased by 2.15% on the news that Goldman Sachs and Morgan Stanley beat their third quarter earnings estimates. However, the advance was most likely a sucker rally. Tuesday’s volume of 2.12 billion...
by Michael Markowski | Oct 14, 2018 | alerts, Extra Cat
The perfect storm I predicted in my Friday, October 5th article entitled, “Perfect Storm Brewing for Possible Market Crash Next Week” which caused a decline of 4.1% for the S&P 500 last week is going to rage on until the end of October. The Bull & Bear...
