Archive for June, 2019

Shah’s Latest Prediction is Becoming Reality

1 | By Wall Street Insights and Indictments Staff

A few weeks back, Shah Gilani predicted that the Dow could go down 10% – and he’s sticking to it. While stocks are clearly trying to make new highs, Shah’s doubtful that this will last. There has been too much of a battle between the Presidents, and Shah thinks that a trade deal may not come as a result. And because of that, he believes the markets are going to sell off… Click here to watch.

When the Nasdaq and the Russell Break These Levels… It’s Over for the Bull Market

0 | By Shah Gilani

On Friday, I wrote here about the Dow Jones Industrials Average, how that venerable index could get back above 26,000, and how we need to stay above there for the long bull market to leg-up even more.

But I warned we weren’t quite in leg-up mode, and that the Nasdaq Composite, and, even more importantly, the Russell 2000 weren’t in quite as good shape as the Dow.

Here’s where the important levels are for both the Nasdaq and Russell, and what they are saying about the bull market

Beware the Latest Rally

0 | By Shah Gilani

What a move markets made this week! After looking like they were rolling over (again), breaking below 25,000 on the Dow Jones Industrial Average, stocks rallied as if someone lit a fire under them.

Of course, that someone was the Federal Reserve.

But we’re not out of the woods, not by a longshot.

In fact, this rally just might be a “dead cat bounce” – a Wall Street saying that means a temporary recovery from a prolonged decline, based on the idea that even a dead cat will bounce if it falls far and fast enough.

So, this is your warning: beware the latest rally.

Here’s what’s really going on

We’re Not Out of the Woods Yet – Watch Out

0 | By Wall Street Insights and Indictments Staff

We’ve seen many a positive headline on trade and positive development at the Federal Reserve, but does that merit the rebound we’re seeing? Perhaps, but we’re not out of the woods yet. This morning on Varney & Co., host Stuart Varney and Shah Gilani discuss Shah’s bet that we’d seen a 10% decrease if a trade deal wasn’t finalized. Shah goes on to say that although we haven’t hit 10% yet, the market could continue back down if the China trade talks remain at a stalemate… Click here to watch.

Forget Free College: This Makes More Sense

1 | By Shah Gilani

Student loan debt is a monster problem.

But it doesn’t have to be, and it shouldn’t be.

There are three primary reasons we’re in this mess in the first place:

  1. Higher education is too expensive, which is the fault of greedy schools.
  2. The government shouldn’t be financing or guaranteeing student loan debt, because it’s easy access to loan money that drives up costs.
  3. The ability to pay back loans isn’t 100% income-based, but it must be.

Here’s a simple solution that fixes the systemic issues with higher education financing