Page 1 of Arthur Eckart's writing

1. Will the Fed Tightening Cycle End in Early 2006? U.S. ECONOMIC BACKGROUND AND POLICY In a free market system, when demand exceeds supply, prices rise and there is excess profit. So, new supply is created, until excess profit disappears. In the U.S. over the past few years, inflation accelerated... (posted by Arthur 6 years 148 days ago.)

2. Will the Cyclical Bull Market End in 2006? The first two charts below are same period weekly charts of the Nasdaq 100 to Nasdaq 100 Volatility Index and the Nasdaq 100. Over time, the Nasdaq 100 will rise, while its Volatility Index will trade in a range. So, the ratio will rise over time.... (posted by Arthur 6 years 157 days ago.)

3. The U.S. Consumption Bubble There have been several important structural shifts in the U.S. economy over the past 25 years. One important recent shift has been a higher level consumption, through a multiplier effect beyond autonomous consumption, which accelerated over the... (posted by Arthur 6 years 163 days ago.)

4. PPH Chart & Components The PPH (Pharma Holders ETF) weekly three-year chart below shows a consolidation around 75, from October 1st 2002 to September 30th 2005. PPH began a rally in the previous three Octobers, and didn't stay below 70 for long. However, the Stochastics... (posted by Arthur 6 years 233 days ago.)

5. SPX (S&P 500) Trading Range European stock markets fell sharply Thu after several bombs exploded in London causing the U.S. stock market to open low. However, the U.S. market finished with a gain at the end of day. It's uncertain why the U.S. market held up so well. Perhaps... (posted by Arthur 6 years 318 days ago.)