Inflection Point

Too far, too fast... but too dangerous?

DALL-E via Bing

Everybody has their favorite market indicator. I named mine after me because it’s based on what I see, hear and feel – and it almost never fails…

And right now the Greenberg Indicator is screaming that if we’re not at an inflection point in this market, we’re awfully close.

It’s this simple: Things have moved too far, too fast. And, yes, I know the old saw, meant for short-sellers, that the markets can remain irrational more than you can remain solvent.

But there’s irrational and there’s unhinged…

Red Flags as a Bellwether

We are arguably close to unhinged, and you can see it in the history of the performance of my Red Flag Alerts, which have become a bellwether of sorts...

Since I started it in May, as a list of companies to avoid, it almost immediately started making me look smart.

By late September, the 15 names on the list were down an average of around 19%. As I wrote at the time..

I (half) joke that by publishing this list I'm probably jinxing myself. If history is any gu…