Technical analysis becomes difficult when non-market forces come into play.
The FOMC continues to fiddle despite evidence inflation is peaking or has peaked and while all of Rome is burning down around them.
It's time for investors to keep it simple and keep it safe.
After the Australian fiscal year ended in June, the Reserve Bank of Australia marked its bond holdings to market - wiping out all its reserves.
The primary problem appears to be a continued rise in bond yields.
The stock market is always the last to know.
Trading volume remains the missing ingredient that prevents me from confirming this rally as the 'real thing.'
We are just not living in an orderly time in the US economy, so to predict orderly stock market corrections is ludicrous.
The Fed was too easy for far too long and now will be too tight, probably for far too long.
They are fighting expectations as much as anything and hammered home their alleged willingness to hike rates in the face of bad economic data.
There are a lot of other major stories besides Powell's speech that investors need to keep an eye on.
All hail the new bull. Same as the old bull? Not a chance.
Here's what to expect in Friday's numbers, as well as my single biggest concern right now.
There's an issue affecting these popular funds that many may not be aware of.
This year's Jackson Hole symposium buys Powell and crew time to figure out how they want to position themselves moving into the latter part of 2022.
Monday's trading action reminded me of a quiet bus ride into the mayhem.
The White House publishing a blog on how economists determine if we are in recession, quite frankly, doesn't give me comfort.
The longer-term trend is still to the downside, but the short-to medium-term trend has improved as has relative strength.
Russian energy giant Gazprom has apparently invoked 'force majeure,' for its failure to deliver natural gas shipments to European clients in recent weeks.
Plus, watch Russia's moves in the oil market and keep an eye on the impact of Alphabet's big stock split.
Will the central bank be true to its word?
The wage inflation story here is important.
The FOMC flat out tells us here that they are willing to damage the economy in order to get a handle on and tamp down consumer-level inflation.
Earnings season kicks off in about 10 days. It does not look to the plain eye that analysts are ready.
Is Defense recession proof? Not in 'normal' peacetime, but maybe this time.
Major selloffs in recent years were accompanied by Fed cuts and market bottoms, but this time is different.
Here's what we need to get a bigger rally.
Despite Wednesday's hit, XLE remains the only sector SPDR ETF still up year to date (+34.8%).
It's really very simple.
Now is not the time to build longer-term positions.