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Red alert: Prepare for severe stock market crash, warns HSBC

A trader sits down, on the floor of the New York Stock Exchange The technical analysis team at HSBC is warning recent stock market moves...

The market looks eerily similar to the days right before the 1987 crash

Financial advisers and market strategists usually warn their clients that the market's performance in the past is not a reliable guide for its future moves....

ES Morning Update October 19th 2016

Ok gang, yesterday worked out well with our move up.  This morning I see we did make an ABC move down into that new rising...

ES Morning Update October 18th 2016

Good morning gang, yesterday I talked about a C wave setting up with Monday creating the 1up/2down inside the C wave up.  It looks like...

ES Morning Update October 17th 2016

Here we are again, starting another week that is "normally" a bullish week because it's the monthly options expiration period.  However the market is really...

ES Morning Update October 14th 2016

Yesterday into the close we saw our B wave down happen that I had been talking about all day in the chatroom.  You had to...

Goldman Sachs wants to consolidate your credit card debt – is this a sign that a stock market crash is coming?

Traders work at the Goldman Sachs Group Inc. booth on the floor of the New York Stock Exchange (NYSE). Goldman Sachs will begin lending money...

ES Morning Update October 13th 2016

Ok, yesterday did the triangle move leaving us guessing about today.  Now that it's here we see it decided to continue lower and appears like...

ES Morning Update October 12th 2016

Afterhours last night the futures ran up to 2140, which looks to be around the 38.2% Fibonacci level.  This morning they are back down, which...

Los Angeles Seeks Changes at Banks After Wells Fargo Scandal

Los Angeles Councilman Paul Koretz is introducing legislation that would require banks working with the second-largest U.S. city to adhere to responsible practices such as...