The Spiral Calendar – In from the Wilderness

The previous blog post lays out the reasoning that The Spiral Calendar may again be a useful forecasting tool. The Central Banks grip on price appreciation appears (at least for now) broken. We don't doubt they will try to reassert that grip.  The break seems to have begun near or on the May 19, all time high in the S&P 500.

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To the Brink and Back

Stocks are out of the woods, temporarily.

082715correlation

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Stocks were highly correlated with Central Bank balance sheets at the May highs. Now they are highly negatively correlated with same.

082715yen

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Apparantly, Wall St. is counting on the Bank of Japan as savior.

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“October Falls in August this Year” Chris Carolan Aug. 16

The Solunar Model may not have pinpointed the timing of the turn, but it's call for a steep, October-like decline in August this year set it apart from the other seasonal models on Wall. St. 082315goldinvjpy

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Short dollar yen and long gold are virtually the same trade, and have been for a while.

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