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May 16
Fox News – Place Your Bets: Housing vs. Overall Market
By Victoria Craig Published May 24, 2016 Economic Indicators FOXBusiness With more good news on the housing market Tuesday, some analysts say recession-scared Americans should start considering dipping their toes back into the market. New home sales surged to an eight-year high last month as they rose the most in…
PT – This Wildly Overvalued Stock is Set to Plunge
At the end of February, I made the case for a looming market correction based on slowing economic data, downward revisions in corporate earnings growth and the S&P 500’s high price-to-earnings (P/E) ratio. Over the following two weeks, the S&P 500 dropped more than 3% before trading back up and…
PT – Warning: Market Fell 57% After it Flashed This Same Signal
Warning: Market Fell 57% After it Flashed This Same Signal The anomaly I see today has only occurred twice before in the past decade. The last time this indicator flashed its current reading was at the end of 2009, and within six months, the market had undergone a correction. The…
