Extreme Pessimism Indicates Markets Are Near Inflection Point

Thursday’s, April 13th, 2017, trading displayed some evidence of “exhaustive selling”. It is still trading well above its 200 – simple moving day average. The BULLISH RALLY has not stopped. In identical occurrences, based on historical data, the one-month returns, during which the SPX rallied 15 out of 16 times with a greater than 5-to-1 … Read more

Mortgage Delinquency Rates Increase & 3X ETFs

Delinquency rates in Single Family Residential Mortgages and other Consumer Loans began to climb through the later half of 2016 and early 2017.  The timing of this delinquency rate increase coincided almost identically with the Fed increases in their Funds Rate.  Additionally, commercial loan origination stalled for the first time since 2008-2011 (prior to that … Read more