Cristofer Sheridan's Blog

Webmaster, Senior Editor, & Co-Host
cris [at] financialsense [dot] com ()

Cris joined Financial Sense® Wealth Management in 2002. He holds a B.S. in Mathematics from California State University San Marcos. His professional designations include FINRA Series 7 and Series 63.

The Market’s Long-Term Momentum Just Went Negative

Nov 21 – The October correction, now followed by a double-dip into late-November, has pulled the market’s monthly momentum into negative territory. Though seasonality favors a year-end rally, with the long-term MACD for the S&P 500 now making a bearish crossover...

Late-Stage Bull Market Correction

By Cris Sheridan – There’s no such thing as a “holy grail” for stock market indicators but, when it comes to risk management and knowing whether to scale in or out of the market, these two are pretty high on my list for whether we are looking at a major...

Is This the Start of a Major Market Top?

By Cris Sheridan – When it comes to predicting or tracking the formation of a major stock market peak, one technical indicator to keep on your radar is a long-term MACD, which stands for moving average convergence divergence. As of today, we are...

Leading Economic Indicators Still Positive, Though Headwinds in Sight

By Cris Sheridan – Though US GDP jumped to 4.1% for the second quarter of 2018, our Financial Sense Leading Economic Index suggests slightly lower growth in the second half. Furthermore, inflationary pressures are likely to continue building...

The World's Next Tallest Skyscraper Will Be Designed (and Partially Built) by AI

AI has already proven itself superior at chess, Jeopardy, Go, trading on the stock market, and all sorts of other tasks we take for granted. However, the next major paradigm shift, which will cause the whole world to marvel at what AI is capable of, will be when it designs...

Back to Extreme Greed

It only took a month. CNNMoney's Fear & Greed Index was at Extreme Fear early November just as US voters were thinking about who to elect as their next president. Today, it's back to Extreme Greed as the animal spirits run wild with Trump's proposals for trillion-dollar...

Charts: MASSIVE Speculative Bets on Gold - Bremain Vote Could Lead to Major Selloff

Fears over a possible Brexit this Thursday have pushed speculative gold bets by non-commercial traders (“dumb money”) to the highest level in twenty years. Commercial traders (“smart money”), on the other hand, are the most net short since gold peaked in 2011...

Why Brexit May Be the Straw that Breaks the Camel's Back

The head of Germany's financial regulatory authority is sounding the alarm on Brexit risks to large German banks. Two banks cited as having the largest business dealings in London are Deutsche Bank (DB) and Commerzbank (CRZBY), with shares of DB breaking to new all-time lows...

The Neural Network We Call the Market

“We are only beginning to understand on how subtle a communication system the functioning of an advanced industrial society is based—a communications system which we call the market and which turns out to be a more efficient mechanism for digesting dispersed..."

Update: Global Liquidity, LEIs, and Bank Tightening

Global liquidity continues to contract as measured by the BofA Merrill Lynch Global Liquidity Tracker in Bloomberg. Unless the Fed reverses course, we expect this measure to deteriorate further. On a positive note, the Conference Board's US Leading Economic Index is still...

BOJ: Quantitative Easing Has Been a Failure

"[D]espite the adoption of a 2% inflation target in January 2013 and the introduction of an unconventional monetary policy," the report states, "long-term forecasts fail to converge to the target level." The word "fail" shows up quite often in the document for obvious...

Global Liquidity Continues to Contract

Given fears expressed by a number of major strategists on our show that the Fed made a policy mistake by waiting too long to hike rates, BofA Merrill Lynch's Global Liquidity Tracker is going to be a very interesting chart to keep an eye on. In the past two economic cycles...

Three Charts that Predicted the Current Downturn...and Have Yet to Recover

Starting last year, many technicians on our show turned bearish and believed we had likely seen a major peak in the stock market. Why? What were they looking at that told them the trend for stocks had changed? Here are three charts or indicators that many...

The Singularity and the Selfie

Some think that the selfie actually guarantees our intelligence will be surpassed by machines as future generations become mindless zombies staring into their phone or taking endless pictures of themselves at work, home, school, or various sporting events. But that misses...

Bull vs. Bear Case for Stocks; Credit Conditions

With the impressive rally off the lows the S&P 500 has now managed to make an important break back above its long-term (12-month) moving average. If you’ve been reading my ongoing updates for the better part of this year, you’ll know that this was the third warning...

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