Planet Yelnick

Post Election Dow

I ran a series of charts on the election year stock market trends, and this year was pretty much to form.  What about the post-election market?  PragCap provided this chart of the day, which shows it tends to underperform normal years.

Green Energy Falls Off the CleanTech Cliff

This is really sad for those who believe in a future of green energy, but for investors has sent a clear message: the Green Bubble has burst. Solar City delayed their IPO, Solyndra and others are wrecks of a solar bubble, and Tesla may become the only electric car company standing as Fisker is now in deep financial trouble. The renewable energy stocks are down an astounding 98% from their peak, showing the signature of a parabolic rise into a bubble and a fast linear collapse:

Yves Calls For a Final Stock Rally

The Real Bond King, Yves Lamoureux, in this video expects a final run up for stocks, in an epic Wave 5 (of 5 of 5): a big wave up that is driven by an increasingly narrow set of leadership stocks, and fueled by a narrowing number of inverstors as most will sit this out. Yves see this as a rotation out of bonds and into other asset classes. The bond market is 10x larger than stocks, so a small distribution from bonds can have a big impact on stocks. Timing: after the current wave 4 correction runs its course. This is similar to the Yelnick View that a final thrust will take us back to the S&P 1550-1600 range, forming a dramatic triple top with 2000 and 2007. 

Lamoureux Says Stocks To New Highs by Dpa-afxEN_cac