1. Gary Post author

    The AD line has been screaming that the 7 YCL was over. It’s only a matter of time before all markets make new highs.

    The perma bears have been using the wrong tools.

    1. Gary Post author

      I think we are in the very beginning stage of a rally that will take at least 3-4 years.

  2. dan123

    Global bond yields screaming deflation. Let’s see the NYA and European stocks at new highs first before you claim victory, after years of calling bottoms in commodities. Headline new highs on the S&P to get retail sucked in? Irrelevant.

    More likely, this is the last ditch bounce for inflationists and growth expectations. I see plenty of articles now from boomers getting comfortable staying fully invested in stocks. Still almost all cash, some physical silver and a few September UVXY calls.

    Armstrong is a complete fool calling tops in the bond market.

  3. Mark1980

    Gary – do you think biotech can break out of this consolidation to the upside?

  4. Gary Post author

    I wanted to see if gold would ignore a dollar reversal this morning if it bounced off the 62% retracement.

    We made another portfolio change this morning.

  5. tulip

    Gary you appear to be waffling this week….
    gold is up AND IS ignoring dollar.. I am v confused by you…
    can you try to be clearer please…?

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