Tag Archives: megaphone

The Stock Market 2015-2016: Ugly Chopfest with an Equally Ugly Megaphone

It’s interesting to take a longer-term view of the S&P 500 (SPX). Looking at a 10-year chart, the decline from almost 1,600 to 667 in the Global Financial Meltdown of 2007-2009 doesn’t look like that big a deal, given the … Continue reading

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About That “S&P 500 Will Be 2,150 by Christmas” Call….

So this megaphone playing out again is just plain crazy. Back on October 13, when the stock market was in free-fall, I prepared this chart showing a potential megaphone pattern. With major indicators (such as the MACD and stochastics) looking decidedly … Continue reading

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