This may seem like a contradiction, but it is possible for two different things to be true at the same time. What I am referring to is the fact that the health care sector (XLV) recently broke out from a consolidation reverse head-and-shoulders pattern, as we can see from the... READ MORE
Sometimes, simple indicators like bar or candlesticks operate just as the textbooks tell us they should. I don't normally follow individual stocks, but the hype surrounding last week's listing of Trump Media piqued my interest to see if the technical position squared with what the many... READ MORE
Here comes the answer to a very old question, "Do stocks lead the economy, does the economy lead the stock market, or is there something else?" My work has shown numerous times that GDP is not a good predictor of the Dow Jones. Also, business inventories and a... READ MORE
To paraphrase the late great contrarian Humphrey Neil: When everyone thinks alike, it's usually time to look for a turn in the market. It seems to me, after reviewing an unscientific survey of the financial media, that everyone and his dog (no disrespect to our canine friends) is... READ MORE
By now it's common knowledge that the Chinese property sector is in crisis, foreign investment has slowed, and youth unemployment is at record levels. Should be time to sell Chinese equities, right? After all, we don't know when the other shoe is going to drop. They... READ MORE
It's March Madness in the stock market! In this video, Larry begins by presenting his Trading Days of the Month (TDOM) for the rest of March, as well as the days to hold back on trading. He also presents what he dubs his "Machu Picchu" trade.... READ MORE
Today, Larry Williams will be hosting a "Family Gathering" meeting at 2pm Eastern Daylight Time (11am Pacific). Sign-in in begins 5 minutes prior. The show will be recorded and posted online for those of you who cannot attend. Use the link below to join: Link to Join Webinar:... READ MORE
Larry is going LIVE! Don't miss the upcoming "Family Gathering" webinar with Larry Williams, airing live through Zoom on Tuesday, March 19 at 2:00pm Eastern Daylight Time. In this must-see event, Larry will be presenting his current opinions on a broad variety of current market... READ MORE
Last week, I pointed out the inflationary consequences of the recent gold breakout, as gold market participants initially expect prices to firm up in the commodity pits and later the CPI itself. This week, we will take those thoughts a step further by relating swings in industrial commodity prices to... READ MORE
The title of this article may be exaggerated, but, last Friday, the probabilities for an upward reversal in the rate of inflation later this year went substantially higher. That's because the gold price, an inflationary bellwether, broke out from a 4-year trading range to a new all-time high.... READ MORE
Absorbing the information gleaned from monthly charts for various asset classes or sectors can help gain some perspective. However, I find that an examination of the relationships between them can be equally rewarding, if not moreso. That's because they point out the nature of the current investment environment,... READ MORE
Let's begin this month with a look at... The False Flag of Fed Rate Cuts Day after day, we hear how the Fed will embark on a series of rate cuts this year "because inflation has peaked" and is heading lower. The drop in inflation is... READ MORE
Last November I asked the question "Are emerging markets about to emerge?"Using the iShares MSCI Emerging Markets ETF (EEM) as our benchmark, I concluded that more strength was needed in order to push the indicators into a bullish mode. In the intervening period, things have improved, but... READ MORE
In this video, Larry begins by presenting two trade recommendations, then digs into AI stocks, Bitcoin, and what you should be doing right now. Is it time to go long? Go short? Or wait for a decline? He explains the difference between FOMO and actually losing money, and how pain... READ MORE
Last November and December, it looked as if gold had broken out from a multi-year inverse head-and-shoulders. Since then, the price has dropped below the breakout area, and the long-term KST has begun to roll over. Just like takeoff and landing are the critical points for an aircraft, breakouts are... READ MORE
Today, Larry Williams will be hosting a "Family Gathering" meeting at 2pm Eastern Standard Time (11am Pacific). Sign-in in begins 5 minutes prior. The show will be recorded and posted online for those of you who cannot attend. Use the link below to join: Link to Join Webinar:... READ MORE
Larry is going LIVE! Don't miss the upcoming "Family Gathering" webinar with Larry Williams, airing live through Zoom this coming Thursday, February 15 at 2:00pm Eastern Standard Time. In this must-see event, Larry will be presenting his current opinions on a broad variety of current... READ MORE
The vast majority of the primary trend indicators are pointing to a bull market and have been doing so for the better part of a year. Chart 1, for instance, shows that NYSE Margin Debt, or rather its long-term KST, has only recently gone bullish. The vertical lines point out... READ MORE
Let's begin this month with a look at ... Home Prices and Stocks Most people have the majority of their money in homes and/or stocks. Thus, I thought that this month, I would take a look at what should be happening in the real estate market. Let'... READ MORE
Oil is not only an important commodity in and of itself, but is also one has a substantial influence on commodity indexes in general. Its weight in the CRB Composite is 23%; for energy in total, it is 39%. Chart 1 compares the oil price to the CRB Composite, where... READ MORE
Some tools in technical analysis are totally objective, such as a moving average crossover. It may be debatable whether it's a decisive signal or not, but a crossover is nevertheless a crossover. Dow Theory, on the other hand, is much more subjective and, therefore, open to interpretation. For... READ MORE
In this video, Larry digs into rate cuts and how they affect the markets. When interest rates are high, money is in circulation. He's been watching the rate of inflation; as he notes, an object in motion tends to stay on the same path. He also warns against... READ MORE
Today, Larry Williams will be hosting a "Family Gathering" meeting at 2pm Eastern Standard Time (11am Pacific). Sign-in in begins 5 minutes prior. The show will be recorded and posted online for those of you who cannot attend. Use the link below to join: Link to Join Webinar:... READ MORE
Last week, eight new Bitcoin-based ETFs began trading courtesy of recent SEC approval. This launch was well anticipated, as the price had already run up in the hope that these new buyers would push it to an even higher level. The thought occurred to me that the situation is not... READ MORE
Larry is going LIVE! Don't miss the upcoming "Family Gathering" webinar with Larry Williams, airing live through Zoom this coming Tuesday, January 16 at 2:00pm Eastern Standard Time. In this must-see event, Larry will be presenting his current opinions on a broad variety of current... READ MORE
A couple of weeks ago, I took note of the widespread interest in small caps amongst the technical community. I don't normally follow cap plays, but my contrary bones began to shake when I saw such acclaim at their recent performance following several false dawns in the last... READ MORE
In this must-see once a year special, Martin breaks down his comprehensive equity market outlook for 2024, accompanied by Bruce Fraser. Encompassing a secular (multi-business cycle) perspective of the forces that are likely to influence stocks and bonds over the coming years, Martin presents a look ahead at what'... READ MORE
It has been a great rally, but this week has seen the DJIA violate its post November up trendline. In addition, the 9-day RSI has retreated below its 70 overbought zone for the first time since early November, and the daily KST has triggered a sell signal. Is it time... READ MORE
Let's Get This Out of The Way Right Now For the last 18 years, I've had a love affair with my annual forecast report. Until I began writing this letter, it was the only thing I did. Many of you purchased it last year, and some... READ MORE
S&P 500 TESTS OLD HIGH... A lot of attention is being paid to the S&P 500 which is in the process of testing its record high. That can be seen in Chart 1. In addition, its 14-day RSI line is in a very overbought condition. That... READ MORE
Over the years, emerging markets as a group have experienced huge swings in relative performance. The latest one, which began in 2010, has been quite bearish. When such linear trends dominate the scene, reliable cyclical indicators, such as the long-term KST or monthly MACD, often give premature buy signals and... READ MORE
In this video, Larry presents his forecast for FANG stocks, including an analysis of the stock selloff for META. He then digs into the cycle of debt and why he's bothered about credit card writeoffs. After that, he examines the weekly economic index and GDP and how they... READ MORE
SPX RALLY BROADENS OUT... Two inflation reports this week showed consumer and producer price inflation cooling off. Then on Wednesday afternoon the Fed suggested that it may be ending its rate hikes, and might even lower rates three times in the coming year. That combination resulted in a big drop... READ MORE
Today, Larry Williams will be hosting a "Family Gathering" meeting at 2pm Eastern Standard Time (11am Pacific). Sign-in in begins 5 minutes prior. The show will be recorded and posted online for those of you who cannot attend. Use the link below to join: Link to Join Webinar:... READ MORE
I like to start off my approach to any market by taking a look at the long-term trend. That's because a rising tide not only lifts all boats, but the direction of the long-term trend determines the characteristics of those below it. For example, if the primary trend... READ MORE
Larry is going LIVE! Don't miss the upcoming "Family Gathering" webinar with Larry Williams, airing live through Zoom this Thursday, December 14 at 2:00pm Eastern Standard Time. In this must-see event, Larry will be presenting his current opinions on a broad variety of current market... READ MORE
Technology (XLK) and Communications Services (XLC) have been the leaders since the bull market began in October of last year. However, they may need to look over their shoulders, as financials have been creeping up since the October 27 intermediate low. The short answer to the question posed by the... READ MORE
Santa Comes to Wall Street Maybe St. Nick gets into the eggnog before he visits Wall Street each year, because the trading pattern has been a step up, then a stumble down before recovering at the end of the year. I first noticed this Up-Down-Up pattern back in the early... READ MORE
SECTOR SPDRS IN UPTRENDS... The number of sectors in rally mode has broadened out which is a positive sign for stocks. You may recall concerns in recent months that the market rally was too concentrated in large growth stocks and lacked market breadth. That's no longer the case.... READ MORE
A lot of the time, I write articles that focus on markets or technical situations that should be monitored for a potential turn. This one is no different, except to say that these markets are not close to breakout points, but right at them. In short, it's fish-or-cut-bait... READ MORE