Update:  Stocks and Silver

          There were two big market movers last week.  Stocks and silver both advanced between 3% and 4% on the week.           As far as stocks are concerned, the downtrend line that has been in place since January of 2022 has now been broken to the upside, as noted on the weekly chart of an…

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Stock, Retail and Housing Update

          Despite the recent rally in stocks, when analyzing longer-term price charts, it is my view that stocks remain in a downtrend at this point in time.           As I have often stated in this publication, it is rare that any market moves straight up or straight down.  Instead, a downtrend is typically characterized by…

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