Charting Stocks

Citigroup (C) and Bank of America (BAC) won’t live to see May. The government will take them over within the next 60 days. The announcement may come as soon as tomorrow evening.
If there’s one thing our readers know, it’s that ChartingStocks.net has made some bold calls in the past which seemed controversial and highly unlikely [...]

The $838 billion bailout out bill dujour won approval in the Senate by a vote of 61-37. The market reacted  in the same way as the passage of previous bailout bills – It sold off.
Why does this happen? The media is mostly to blame. They are constantly peddling false optimism while setting their viewers sites [...]

Charting Stocks Update
August 19, 2007
“The US government is on a ‘burning platform’ of unsustainable policies and practices with fiscal deficits, chronic healthcare underfunding, immigration and overseas military commitments threatening a crisis if action is not taken soon.
..These include “dramatic” tax rises, slashed government services and the large-scale dumping by foreign governments of holdings of US [...]

March 4, 2007
The Bear Market Has Begun
(Update 2008: OK, so I was a bit early!)
In “The Coming Stock Market Crash of 2007,” I made the case for a major stock market decline based on both macroeconomic events and technical weakness emerging in the global financial markets. At the time, my view was against [...]