Charting Stocks

Below is an excerpt from a piece in Bloomberg today.
The U.S. economy will enter “hyperinflation” approaching the levels in Zimbabwe because the Federal Reserve will be reluctant to raise interest rates, investor Marc Faber said.
Prices may increase at rates “close to” Zimbabwe’s gains, Faber said in an interview with Bloomberg Television in Hong Kong. [...]

One of the ways market technicians try to predict sector out performance is by conducting a relative strength analysis. In a bear market the price charts of most sectors and stocks are moving down with the market. Some sectors are moving down more than the market, and so they are relatively weaker, and some are [...]

I noticed a couple of comments (OK just one) regarding inflation/deflation and how to know which is dominant. To get the answer I like to use a simple inflation/deflation indicator that I first learned about by reading John Murphy’s Intermarket Analysis book. I highly recommend reading this book to anyone who’s interested in charting stocks [...]

The IMF’s chief economist has warned that the global financial crisis is set to worsen and that the situation will not improve until 2010, a report said Saturday.”The worst is yet to come,” Blanchard said in an interview with the Finanz und Wirtschaft newspaper, adding that “a lot of time is needed before the situation [...]

Charting Stocks
September 16, 2007
In recent of posts, I’ve mentioned that 13,450 was an important level of resistance for the Dow Jones Industrial Average. On August 19th I noted that 13,458 was a key Fibonacci resistance level and thought that this would be a reasonable spot for the market to stall. I used last weeks post [...]

Charting Stocks
April 1, 2006
“All great inflations end with the acceptance of real money—gold—and the rejection of political money—paper. The stage is now set; monetary order is of the utmost importance. Conditions are deteriorating, and the solutions proposed to date have only made things worse. Although the solution is readily available to us, powerful forces whose [...]

Charting Stocks Update
March 17, 2007
Merrill Lynch urges the Fed to cut rates:
Merrill Analyst — “If the inflation-fighting Federal Reserve were to keep rates unchanged to contain price growth — instead of cutting by 1 percentage point in the second half of 2007 as Merrill expects — then this would put the probability of an outright [...]