Archive - 2016

Weekly Stock Market Update

Market Update

The Bottom Line Bias: Long-Term Positive and Short-Term Negative for Stocks. We have seen a deterioration in market internals over the past week. As a result, the odds that we will see a short-term pullback in stocks has increased. Long-term the...

Weekly Stock Market Update

Market Update

The Bottom Line Bias: Positive for stocks and High Yield Bonds While stocks are short-term overbought, and could pullback to some degree, a pullback would be viewed as a buying opportunity as long as the lows of early November are not violated...

Weekly Stock Market Update

Market Update

The Bottom Line Bias: Positive for stocks and High Yield Bonds While stocks are short-term overbought, and could pullback to some degree, a pullback would be viewed as a buying opportunity as long as the lows of early November are not violated...

Weekly Stock Market Update

Market Update

Reader Note: I am changing the format of our newsletter slightly to try to make it easier to read. Since most people just want a quick synopsis of our view on the markets and how we are invested, I have moved these sections to the top. In addition...

Weekly Stock Market Update

Market Update

Summary Not much has changed over the past week. Stocks continued to advance higher and market internals are still positive. Given that market conditions have not changed much since last week’s newsletter, I will focus today’s newsletter...

Weekly Stock Market Update

Market Update

Summary In last week’s newsletter, we wrote: “The short-term market weakness that was signaled by market internals as far back as mid-July has subsided. Market internals are now positive and odds favor higher stock market prices as long...

Weekly Stock Market Update

Market Update

 Summary Most financial market commentators and analyst felt confident that heading into the presidential election, if Donald Trump pulled off an upset win, stocks would drop and bonds (and other safe-haven assets) would rise. However, just the...

Weekly Stock Market Update

Markets At An Inflection Point

Markets At An Inflection Point Market Update In last week’s newsletter, we said: “The descending wedge pattern that formed in the S&P 500 and that we mentioned in last week’s newsletter, is still intact. Last week the index...

Weekly Stock Market Update

Markets Look Scary!

Markets Look Scary! Market Update My short-term view on the stock market changed mid-July. In my July 18, 2016 newsletter I wrote: Longer-term stock market conditions look positive; however, we could see some short-term market weakness before stocks...