S O L A R C Y C L E S

With John Hampson

A Topping Candle

Yesterday produced a topping candle in US stock indices, but was it the topping candle? The SP500 closed with a marginal 0.04% gain but advance-decline volume was 1:2 (Urban Camel). … Continue reading

November 14, 2014 · 115 Comments

Cross Asset Position

No reversal yesterday in equities but I maintain it has to be close at hand. The Nasdaq added another day to its small sideways range. RSI divergence argues the next move … Continue reading

November 11, 2014 · 113 Comments

In Perspective

1. The start of January brought the shift to defensives, measured here in 4 ways: stocks to bonds ratio, cyclical to defensive sector ratio, small caps to all caps ratio and high … Continue reading

November 9, 2014 · 101 Comments

V-Correction Or Breakdown Part 2

Tuesday’s selling to a lower low delivered the missing positive RSI divergence on the SP500 and out of that we saw a strong rally on Wednesday. It was a necessary stick … Continue reading

October 9, 2014 · 262 Comments

Last Quarter Of 2014

September finished as a down month for all US stock indices, which means the peak in margin debt should remain as February. Cross-referencing: SOCL, RUT and Nasdaq breadth peaks are still signalling a … Continue reading

October 1, 2014 · 218 Comments

Short Term Update

With Monday being August’s new moon, we arrive at the last higher-probability topping point mid-year 2014 for those indices which have not yet topped out: With SP500 and Nasdaq overbought … Continue reading

August 22, 2014 · 88 Comments

Markets Update

The selling in equities into Tuesday did not wash out indicators, suggesting a lower low should be ahead. Yesterday’s bounce produced a very low put/call reading signalling high complacency.  Source: … Continue reading

April 10, 2014 · 51 Comments

State Of The Markets

I think Bitcoin isn’t coming back. Bubble popped as per the bubble anatomy model below, and now at fear-capitulation: Source: Bitcoincharts Source: PortfolioProbe Now what about the stock market bubble? … Continue reading

December 8, 2013 · 6 Comments

Stocks, Gold, Money Supply and Debt

Here is a chart from Gary Tanashian through SlopeOfHope’s charting facility, which could be argued legitimises the current steep ascent in US stocks: Parabolic money pump, steeply rising corporate profits, … Continue reading

November 24, 2013 · 15 Comments

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