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  • Benjamin Roth: The Great Depression: A Diary

    Benjamin Roth: The Great Depression: A Diary
    It's all here, times change people don't -the endless govt programs that fail to stimulate the private sector -the ups and downs of the economy, the veterans pension stimulates just as the housing credit did, until of course the money runs out -Roth is a attorney in Youngstown Ohio who kept a diary regarding the economy from 1930 until WW II breaks out, he is objective, candid, and forthright which is more than we get from Washington DC now or then highly recommended

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November 23, 2023

Holiday Update

Thanksgiving Day 11/23/2023

 

The Russel 2000 of small cap stocks has lead the way down, It looks to have competed five waves dow from Julyto Oct  27 and already three waves A B C up

Screenshot 2023-11-23 at 11.11.40 AM

The July top  was large Wave  2 topping.  Below is the large picture

Screenshot 2023-11-23 at 11.15.01 AM

The top in the first daily chart is the top of Wave 2 shown above.  I labeled wave three unfolding in blue numbers. One of three down was Oct 27, Two of three is topping now note below all the moving averages.

The recovery of Wave 2 DJA or INDU has been far stronger but so far is below the July high

Screenshot 2023-11-23 at 11.19.52 AM

Posted at 12:18 PM |

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