by Michael Markowski | Apr 12, 2018 | alerts, Extra Cat, Secular Bulls/Bears
The fifth nail which had been missing in the 2009 secular bull’s coffin has been found. It is Dow Jones 30 industrial composite stalwarts Boeing and Caterpillar. Since both of the companies generate more than 50% of their revenue from outside of the US they are...
by Michael Markowski | Apr 9, 2018 | $Yen Indicator, alerts, Crashes, Extra Cat, Secular Bulls/Bears
The NIRP Crash Indicator which was in service during 2016 has been pulled out of retirement. The signal is now GREEN which indicates that the S&P 500 at least for the short term will go higher. In my February article, I predicted that the highs for the 2009 Bull...
by Michael Markowski | Apr 5, 2018 | alerts, Markets/Economy, Secular Bulls/Bears
China announced that it will levy 25% tariffs on 106 products that are produced in the US including soybeans, automobiles, chemicals and aircraft. The news pretty much guarantees that the share prices of Caterpillar and Boeing which were down substantially on the...
by Michael Markowski | Apr 3, 2018 | alerts, Secular Bulls/Bears
Amazon (AMZN) is the ninth nail in the 2009’s Bull’s Coffin. Since last week President Trump with his tweets has been personally sledge hammering in the ninth nail. His relentless attacks will make it very difficult for Amazon shares to eclipse their March 2018...
by Michael Markowski | Mar 28, 2018 | alerts, Secular Bulls/Bears, Tesla
Yesterday, Moody’s downgraded Tesla’s debt to B3 from B2. Moody’s also changed its outlook for Tesla to negative from stable. Because of the downgrade Tesla has been named the eighth nail in the 2009 Bull’s coffin. On yesterday’s news Tesla’s share price declined by...
by Michael Markowski | Mar 25, 2018 | alerts, Secular Bulls/Bears
Another nail has been pounded in the coffin of the 2009 Bull Market. May the Bull rest in peace (RIP). Yesterday new Federal Reserve Chairman Jerome Powell gave testimony to the US Senate’s banking committee. Based on his testimony the probability has increased that...