Relationships Matter

While price movements are the ultimate determinant of market health, assessing relationships between key fundamental measures will give clues as to underlying strength, or weakness. There can be no healthy equities market without an underlying healthy consumer market.  Consumption drives demand, which drives production which drives raw materials, which translates into economic growth.  During these … Continue reading Relationships Matter

Are We There Yet?

Just over 5 months ago, the overall US stock markets began a decline which has continued up to this writing. Of course it would have been difficult to predict the ensuing course of prices other than to use the simple gauges of support and resistance levels.  What was observable were momentum indicators hinting at a … Continue reading Are We There Yet?