Gene Inger | TalkMarkets | Page 71
President of IngerLetter.com
Gene Inger pioneered U.S. financial television daily technical analysis. His stations later affiliated with FNN, merging into CNBC where he was an original Market Maven. His views have been quoted in Forbes, Barrons, the Wall Street Journal, on CNN and daily for subscribes to his Daily Briefing on ...more

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From A Macro Perspective
From a macro perspective, we're experiencing an S&P topping formation that may or may not turn 'south' rapidly, or persist in a distribution process. After all that's happened in the past year-and-a-half, it is again dangerously extended.
Confusion And Delay
Confusion and delay ultimately have a price to pay. That's the case whether it is the perpetuating of a 'bad news is good news' monetary policy of low rates, or whether it's a lack of cohesive strategies to engage terrorists in Europe.
Rocky Road: Overestimating The Fed's Influence
The market's staggering January decline and subsequent February rebound did indeed start running into trouble around the 'Ides of March'; then shuffled without resolution to this very moment (off the rebound highs but not dramatically, yet).
This Market Wears An Easter Bonnet
You could say the market wears an Easter Bonnet. More accurately, a 'broadening top' of significance has been forming for some time now.
Dangerous Predators Roam Europe's Streets
With the twin attacks on Brussels. authorities admit they are and were woefully ill-prepared for the challenge the terrorists once again brought to the center of Western Europe's very governance.
Amidst 'Alice In Wonderland' Optimism
Flowing forth to justify the expiration and post-FOMC rally of the past week was an absence not only of anything that approaches realistic assessments of economic prospects, but a few other things too.
A Cabal Of Central Bankers
What would happen 'if' a cabal of central bankers secretly agreed at G20 / Shanghai, to debase both currencies and keep rates low?
Economic Growth And Higher Wages
Economic growth and higher wages historically weren't always associated, at least for decades with 'inflation' as somehow being 'desirable'. The idea was to see profits and growth occurring consistently, amid organically-achieved GDP gains.
There's A 'Changing Of The Guard'
There's a 'changing of the guard' underway this year; and it's characteristics are not yet accepted by some of the 'old Guard', well beyond our own borders.
The Battlegrounds Are Fluid
Some believe an election trend toward Trump is a potential negative; others see Trump or Clinton as neutral for markets, while Sanders would be bearish.
The Diminished Efficacy Of Central Bank Expansion Policies
The diminished efficacy of central bank expansion policies increasingly is being recognized by traders, if not monetarists or official interpretations.
Contrasting This Stock Market To 'Tidal Charts'
Contrasting this stock market to 'tidal charts' is dominating meaningless discussion in my view; as some 'pretend' this year the 7th Anniversary of an old Bull Market.
Unconfirmed S&P Rallies
Unconfirmed S&P rallies like we saw Monday, often forewarn of just what in fact we got on Tuesday. I pointed out the 'divergence' of so many sectors that weren't going higher, in what we described as essentially an Oil-led solo-walk rally.
A 'Gathering Storm'
A 'gathering storm' can percolate for quite some time before striking. Or, it can be a sudden-onset event; quite common when violent weather boils-up from normal storming conditions, such as during tornado season.
A Period Of Renewed Decay
A period of renewed decay has simply been postponed by the Oil rally; pure and simple. The asymmetric risk-reward in the high yield sector is alarming too; as it's definitely difficult to advocate shorting at this very moment.
Frenetic Choppiness
Frenetic choppiness ahead of the Employment Report; were overshadowed by focus on Romney's efforts to support the Establishment old policy approaches.
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