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Growling Since 1996
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Daily Market Report Page (06/23)

Weekly Market Summary Page (06/19)

Year End 2010 Summary Page (12/31/10)
Year End 2009 Summary Page (12/31/09)
Year End 2008 Summary Page (12/31/08)
Crash of 2008 Weekly Summary Page (10/13/08)

Click here for latest quotes for the week

Previous Week's Commentaries: Monday; Tuesday; Wednesday; Thursday; Friday


Current Links of Interest   

David Haggith: Retail Apocalypse Engulfs US Economy – Shutters 23,000 Stores, and That’s Just the First Destructive Wave! (06/20)
David Haggith: Is the Central Bank’s Rigged Stock Market Ready to Crash on Schedule? (06/13)
David Haggith: Summer Storm Keeps Building as Second Dip of Great Recession Approaches (06/05)
David Kranzler: A Stock Market Crash: A Matter Of “When,” Not “If” (05/30)
Benjamin Smith: The Latest Sign of a Looming Stock Market Crash (05/30)
Mate Cser: The Schiller P/E Hits 30 (05/17)
Dent Research: Could this be the Straw that Breaks the Market’s Back? (05/08)
Mark Snyder: Have We Reached a Turning Point For Stocks? Tuesday Was the Worst Day (03/22)
David Haggith: 2017 Economic Forecast: Global Headwinds Look Like Mother of All Storms (03/08)
David Haggith: 2017 Economic Headwinds: Housing Bubbles Popping Up and Just Plain Popping Everywhere (02/27)
David Stockman: The Crash Will Be Violent (02/10)
Brian Maher: An Omen of Global Collapse (01/30)
Brian Maher: The Second Largest Bubble in 100 Years (01/25)
Curmudgeon: SoGEN “Bruised Bears” Shows US Most Overvalued Market (01/12)
EconMatters: Capital Destruction is a Fascinating Concept (01/09)
Moe Zulfiqar: Stock Market Crash: 3 Factors Say Big Declines Ahead for Stocks in 2017 (01/05)
David Haggith: If 2016 Wasn’t the Epocalypse, What the Heck Was It? (01/04)
Curmudgeon: 2016 Market Review, Fund Flows and Bid Adieu (12/31)
Curmudgeon/Victor Sperandeo: Trump Viewed Thru Rose Colored Glasses; Victor’s Market Updates (12/27)
Victor Sperandeo/Curmudgeon: Short Term Interest Rates, Unemployment, the CPI and ANIMAL SPIRITS (12/19)
Curmudgeon/Victor Sperandeo: Ecstatic U.S. Stock Market Defies History and Ignores Increased International Risk (12/12)
Curmudgeon/Victor Sperandeo: Italian Referendum Fails, PM Resigns; Possible EU Breakup? (12/05)
Curmudgeon: Russell 2000 Breaks Out to All Time High With a 15-day Winning Streak (11/30)
Victor Sperandeo/Curmudgeon: The Equity Markets and U.S. Dollar Continue Their Bull Runs (11/28)
Victor Sperandeo/Curmudgeon: Effect of Trunp’s Fiscal Policies on Stocks, Bonds, Gold and U.S. Dollar (11/21)
Victor Sperandeo/Curmudgeon: A Requiem of the 2016 Election and Market Reaction (11/14)
Victor Sperandeo/Curmudgeon: 2016 Election – Impact on Politics, the Economy, and Markets (11/06)

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Past Links of Interest


    Current Market Data

http://bigcharts.marketwatch.com/kaavio.Webhost/charts/gqplus/fpDJIA-big.gqplus?rand=477053169http://bigcharts.marketwatch.com/kaavio.Webhost/charts/gqplus/fpNASDAQ-big.gqplus?rand=206693672
Charts provided by BigCharts.com

Current Market Data: Dow averages, S&P 500, Nasdaq, and bonds
Current Market Data: Gold, Oil, CRB, sector indices, NYSE adv/dec, and dollar index
Current Market Data: Adv/dec, 52 week highs/lows, volume data
 Overnight Quotes: S&P 500 (premium and settlement), gold, and currencies
 CME GLOBEX Flash Quotes (S&P 500, Nasdaq 100, Euros, currencies)

Inflation Calculator From DollarTimes$


Favorite Web Sites

 
Newsletters and Commentaries

G. Ure: Urban Survival

The Daily Reckoning (Daily)

Merk Insights (Semi-Weekly)!

J. Puplava: The Perfect Financial Storm? (Weekly)

Ty Andros: Tedbits Newsletter (Monthly)

Comstock Partners (Thur)

ContraryInvestor.com (Tue/Thu)

Alan Newman: Pictures of a Stock Market Mania (Monthly)

Nick Chase: The Contrarian's View (Monthly)

John Riley: Who Says So...[Notable quotes] 

Prudent Bear: Market Commentary (Wed/Fri)

Gold-Eagle: Various Newsletters & Bear's Lair (Semi-weekly)

EFT Daily News (Daily)

Mark Poyser: Wall Street Follies (Humor)

Ed Bugos: SafeHaven (Weekly)

Mark Poyser: Beartopia (Humor)

Michael Nystrom: Bull! Not Bull (Daily)

Investor Salvation: (Daily)

 

Market Charts, Data, and Statistics

MarketCenter (Delayed quotes)

Schaeffers [Investor's Intelligence chart] (Weekly)

Commodity Charts & Quotes (Daily)

CBOE Summarized Option Statistics (Daily)

 

Newspapers, Magazines, and News Wires

New York Post: Business Section (John Crudele)

The Bond Strategist (Daily)

Investor's Business Daily (Registration Req.)

The Economist (Weekly)

Washington Post: Business Section

Yahoo! Business News (Hourly)


   Weekly Charts

Dow Jones Industrials (06/16)
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red line - 50 DMA; green line - 200 DMA; pink line - NYSE adv/dec

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green line - Dow 21 DMA; red line - 50 DMA
 

NASDAQ Composite (06/16)
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red line - 50 DMA; green line - 200 DMA

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green line - 21 DMA; red line - 50 DMA

       S&P 500 (06/16)
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red line - 50 DMA; green line - 200 DMA; pink line - NYSE VIX

Notable Quote(s):
 

The Fed with its Keynesian vision believes it can hold off a correction forever. In the history of the stock market, that’s never been done.


Confidence and complacency are more acute now than any time I’ve seen before. All expressions of overvaluation are at historical extremes. Despite this, most money managers remain in the market. The thesis is “if it’s going up, regardless of anything else, I want to be in it.” Perhaps the best indicator of complacency is the VIX which at its current level of 13 tells us that investors see no reason to protect their positions. Every minor decline is seen as a buying opportunity. The rationale is that the Fed would not allow anything worse than a 10% decline. If the stock market starts sinking between now and October 1st, I will be most interested to see if the Fed eliminates QE.


Richard Russell, 90-year-old publisher of the Dow Theory since 1958.



Archives

The Magic Wand of Liquidity Page (06/19/17)
Fiend's Bear Encounters (1939-42, 1973-74, 1981-82) Page
DJIA, adv/dec, and momentum data from 1990 to 05/15/17
Market Top of 1968 Revisited
Business Week's The Death of Equities Revisited
Tj's Financial Cartoon Gallery
Miki's Portraits of Some Bulls of the Millennium


This page was last updated on June 23, 2017.

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