Are US stocks going up or down next week? Is the euro or pound trending up or down? What trends do we see in corporate earnings, employment numbers, trade deficits, and GDP numbers? What technical indicators are we following and what do they tell us?

In the financial world there are plenty of pieces of information to follow. Financial information is sought 24/7.

However, there is one set of numbers I rarely see discussed when living through these financial bubbles: very rare market data regarding price.

In this short piece, we will look at why every investor, whether big or small, should be seeking this information constantly. If we were, we would see that rare market price data continues screaming at everyone to stop listening to central bankers and centrally planned schemes on how to keep the bubble up another quarter. This game is now far beyond the 9th inning.

NASDAQ 100, FTSE, and the Pound

When we look at the Nasdaq 100, we can see that it is currently under its 200 day and 50 day moving average after being above both last month. We can see that the April high did not manage to break above its December 31, 2015 closing price. The FTSE was above its 200 day in April, and today is back under both its 50 and 200.

Finally, we can see that the exchange rate of the pound to the dollar was at its lowest over the last 8 months as February ended, and has since moved up above its 50 day, and appears to be heading for its 200 day. All of this is widely seen by market technicians looking for patterns.

However, for someone like myself who focuses on how to keep your bearings when bubbles are deflating and central bankers want to keep up the ruse that “this time is different, we have unlimited schemes available to ‘inflate’ the bubble”, I look for very, very rare data. Let’s take the three major markets above as examples.

On March 27, 2000, the Nasdaq 100 closed above 4700 for the first time. That was the last time as well until November 2, 2105. Whoever says that looking for the top and timing is worthless is a complete idiot based on this one example alone. Looking for a major equity index that has dropped more than 80% in the last 16 years to have another significant drop, seems like common sense.  

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