There was a saying that became popular among politicians and others during the Clinton presidency, reminding people to focus on the economy as the important task. We’ll spare you that saying, and the negative epithet it contains, since you probably… more
Thursday August 12, 2010 was a Hindenburg Omen day, and it also was not. There is a rules conflict which does not matter very often, but matters this time. You can get an overview of what this signal is about at… more
I did a study recently, looking at the behavior of the SP500 on the first trading day of a new calendar month. It has long been said that pension fund flows and automatic mutual fund investments for 401Ks, etc. tend to… more
In the center of the old downtown in Enterprise, Alabama, in the middle of the main intersection, sits the Boll Weevil Monument. We’re not kidding, it is a real monument to an insect pest which damages cotton crops. I once lived… more
You have probably heard a lot more worrying about inflation reflected lately in the comments from Fed officials. There is good reason for them to worry, and they should have been worried long before now. The point which has to be… more
e Oil futures was nearing the level of its June 2004 price top at $39.12/barrel ($42.33 on West Texas Crude Oil futures), and contended that this price level ought to provide support to crude oil prices, leading to a resumption of… more
Searching for Jim Miekka? Sherman discusses Jim Miekka at the bottom of the page. Also see our Special Report on the Hindenburg Omen. First of all I would like to thank the president of the Market Technicians Association, Fred Meissner, and… more
The daily catch phrase in the news lately is “accounting scandal”. In fact, it seems that we seldom hear the word accounting all by itself any more without the suffix. Without more pressing problems to occupy its time, the press and… more
Special Edition, September 12, 2001 The tragic attacks on the U.S. on Tuesday will affect the entire world for many years to come. The mission for the moment is to take care of the dead and the wounded, and their loved… more
