Wall Street has taken the government shutdown in strides. In fact, it almost seems like the government shutdown is just another brick in the proverbial ‘Wall of Worry.’ We need to ask, are stocks climbing a wall of worry to new highs?... >> READ MORE...

'Government shutdown' is the buzzword of the week. Politicians use it as bargaining chip, the media loves to beat the subject to death and investors worry about what it may or may not do to their portfolio. Surprisingly, history says, ‘Don’t worry about it.’... >> READ MORE...

A picture speaks more than a thousand words and this S&P 500 chart shows just how powerful the 13-year (and 7-year) S&P 500 cycles have been. Danger lies ahead if those cycles end up being more powerful than QE.... >> READ MORE...

Stubborn bearish sentiment is one of the key reasons why stocks continue to rally, essentially giving bears the finger. Bears can’t stop the QE liquidity waves. Perhaps it’s time to stop fighting them and learn how to surf them. It would be the best for bears … in two ways. ... >> READ MORE...

When you see an index hit all-time highs you assume that most of its component stocks also trade near their high watermark, but that’s not the case here. The German blue chip index high watermark is inflated by 47%.... >> READ MORE...

Germany is considered the economic locomotive of Europe. The Dax – Germany’s blue chip index – is skipping from one high to the next. This benefits US investors, which own 1 of every 5 Dax shares. One company alone owns 6%.... >> READ MORE...

Thanks to the phantom economic recovery, mainly noticed by rising share prices in stock exchanges around the world, aggregate global wealth has risen to a new staggering high ... but Draghi finds a fly in the ointment. ... >> READ MORE...

Like Bernanke, ECB President Draghi is famous for flooding the European financial system with cheap money. The European QE (LTRO) has brought forth some side effects that have Draghi worried, although for the wrong reasons.... >> READ MORE...

If you look at your graduation class you’ll probably find that some of the biggest oddballs or nerds have landed the best jobs. Elliott Wave Theory (EWT) is the oddball of technical analysis, but has produced some spectacular results … spectacularly good and spectacularly bad. Here’s how to make EWT work.... >> READ MORE...

Experience is a cruel teacher, but nevertheless it teaches perceptive investors valuable lessons. Here’s the most important lesson this QE bull has taught me. It’s a pattern that allows us to identify when the bull is likely to strike next.... >> READ MORE...