“McClellan said his timing models suggest ‘THE’ top in stocks will be hit some time over the next week. He expects ‘nothing good for the bulls for the rest of the year,’ he said in a phone interview with MarketWatch. “McClellan doesn’t have a strong view on how far stocks could fall, just that it […]
Category Archives: Z-vals
Stockman: A ‘Disaster Waiting to Happen’
David Stockman has long warned that the stock market is on the verge of a massive collapse, and the recent price action has him even more convinced than ever that the bottom is about to fall out. “I think it’s pretty obvious that the top is in,” the Reagan administration’s OMB director said Thursday … […]
Kass: ‘Big Short’ May Be At Hand
“[T]he Wizard of Oz’s curtain will be soon opened and investors will finally begin to see whether the flight path of economic growth is steady enough to support stocks at current levels. Personally, I remain skeptical. “Thus far in 2015, I’ve envisioned a sawtooth pattern lower in the belief that a major market top is […]
DeMark: Chinese Stocks to Fall 14% More
Chinese stocks will decline by an additional 14% over the next three weeks as the market demonstrates a trading pattern that mimics that of the US crash in 1929, according to Tom DeMark, who predicted the bottom of the Shanghai Composite Index in 2013. The benchmark for mainland stocks will sink to 3,200 after plunging […]
Faber: Stocks Could Drop 20-40%
The US stock market could “easily” drop 20-40%, said Marc Faber. Recently, there were “more declining than advancing stocks, and the list of 12-month new lows was very high on Friday. It shows you a lot of stocks are already declining.” He thinks US stocks are on the “high side,” sees “no growth” from Asian […]
