Negative rates will only increase the hoarding thus the Eurozone has gotten rid of the EU$500 bill saying it encourages corruption. No, the negative rates and QE is the corruption.

Goldman makes money trading. They just wants volatility and to get others to trade. After the market hits the bottom of the trading range they will magically turn bullish again. There is no real reason to listen to them.

Nice charts. All is not good, however the decline is just more of the same in the trading range game. It is not so bad looking at recent ups and downs this year. We will see how bad after it reaches the low end of the trading range. We still have a ways to get to any real worry point.

Sadly the arguments that the economy is improving rapidly even as corporate profit growth slows is being once again proven to be a lie yet again. On top of this the Fed is raising inflation. Inflation with weakening growth is stagflation if inflation exceeds growth even at these low levels.

The Fed said they wanted inflation. I'd say that was a stupid, ignorant wish. It limits their ability to do anything and will force them to raise rates even in a weak economy. Dumb, Dumb, and Dumber.

It's best to watch silver for weakness. It will, as usual fall harder and sooner than gold if precious metals weaken.

Agreed. Sadly such discussions always erode to kick out the Mexicans for even lower wage jobs and take back even lower wage jobs from the Chinese. We need a real discussion on unemployment and jobs of the future, but sadly, we never get to it.

The oil rally was largely due to US dollar weakness, not a increase in demand or anything else. Sadly the glut remains, but the fear of inflation while owning US Treasuries yielding nil is a lot scarier than an oil glut if you own a bucket load of them.

Macy's has nothing to do with the sell off. The sell off is being driven by a weak dollar and fear of inflation without any recovery which is double bad. The Yen didn't help as it spanked dollar holders and spiked oil which is not good despite the lies trying to tell you otherwise as they tank you for believing in them. Don't believe inflation is good when corporate profits are declining either.

These are just the type of lies they tell you before a collapse. Such lies only work in the illogical world of Alice's Wonderland.

It's sad all those hoping oil rises would help the market. Tells you not to listen to them. The same goes for rising inflation. Rising inflation is always bad. It is only acceptable if the economy is growing faster than the rise. Don't listen to illogic. They preach it to burn you.

Sadly it doesn't take a very bright person to see the problems with the market charts. Volume is the biggest key as to why this market is really sick if you're a chartist. Good call.