Erik McCurdy

The S&P 500 index closed sharply higher yesterday, returning to recent short-term highs near the congestion zone in the 1,320 area. The stock market has moved sideways off of the short-term low in...

There is a historic experiment underway at the US Federal Reserve, and the US economy is the test subject. In response to the severe recession in 2008, Federal Reserve Chairman Bernanke initiated an...

Most stock market short-term cycles follow a well-defined, “normal” development path. For example, the cycle from late December until early March had an extremely bullish translation,...

Gold reversed large early gains to close near unchanged yesterday, beginning a test of resistance at the upper boundary of the downtrend from February.The Gold Currency Index (GCI) continued its test...

The S&P 500 index closed moderately higher yesterday, reacting off of recent short-term lows of the violent downtrend from April and returning to long-term support at the 200-day moving...

In March, our analysis indicated that the risk/reward profile of the stock market had entered the worst one percentile of all historical observations based on 80 years of data. We predicted that the...

The S&P 500 index plunged nearly 2.5 percent Friday, moving down to a new low for the downtrend from April and breaking slightly below long-term support at the 200-day moving average.With respect...

The pattern of consensus expectation misses and deterioration in economic data continued today with the release of the Chicago Institute for Supply Management Purchasing Managers Index (PMI) for May....

For the past several months, the most historically reliable leading data have indicated that the development of a recession in the US is likely during 2012. Coincident data in Europe have already...

At the beginning of May, we identified the potential development of a bullish consolidation formation for the US dollar index that would favor the resumption of the rally from August 2011. The...