technical analysis

The BKX Bank Index has broken below support levels. Banks are dead money. What sector could take leadership in the S&P? How about tech?

Uber-technician Louise Yamada is now warning that the secular bear market in equities is likely to be joined by one in bonds as well.  In the video below, she talks with Bloomberg’s Pimm Fox about her view that bond yields are going to…

Stock markets are seriously overbought right now.  But, the rally in shares has been bolstered by better than expected economic data and earnings reports.  I first pointed to a rally in shares in March, but I didn’t get fully onboard until…

As you all know, I think we are in a secular bear market rally/cyclical bull market right now. So, yes, this has been and may continue to be a powerful up-move in shares worldwide. However, I am certainly not convinced we are off to the…

Recently, I have highlighted the comments of a number of investing gurus, most of whom are fairly positive on the market. This includes Jeremy Grantham, Marc Faber, Bill Fleckenstein, Fred Hickey, Marty Fridson and Steven Leuthold (Louise…

This prediction does make for a scary headline and gets Louise Yamada some buzz. But, Yamada is a technical analyst and is saying absolutely nothing about the fundamentals here. You should also note that Jeremy Grantham has said similar…

Louise Yamada is one of Wall Street's foremost technical analyst. She is quite bearish and thinks the Dow Jones Industrial Average could go to 6000. Her advice: sell stocks.

Yesterday morning, I heard Louise Yamada on Tom Keene's show on Bloomberg Radio giving her assessment that stocks may break below 2002 lows. I mentioned this in yesterday's news round-up. But, now I have the audio for you as well.…