I decided to send out this concise market update today because market technicals in the stock and bond market have deteriorated significantly. I am not going to bore you with a lot of charts that highlight what I am looking at. I will save that for...
The Bottom Line Bias: Positive for Stocks and Commodity Prices Negative for Interest Rate Sensitive Bonds • I have been bullish since the early part of 2015 when stocks emerged out of a mini-bear market. Even when stocks fell over 10% in February of...
Today’s newsletter is abbreviated due to my attending this week’s National Association of Active Investment Managers annual conference. The Bottom Line Bias: Long-Term Positive and Short-term Positive for Stocks. Long-term, the...
I Am Boring! On a Personal Note I didn’t distribute a newsletter last week due to my attending an annual industry conference – National Association of Active Investment Managers (NAAIM). The time spent was extremely beneficial and useful...
Inflection Point Deteriorating market internals that plagued the market over the past year have improved significantly over the last two months. As a result, the odds of stocks falling significantly into a protracted bear market have subsided...
Stocks Continue to Advance, But… Last Friday I posted a handful of charts on my Twitter and Facebook page that suggested stocks are at an elevated risk of a pullback. If you are interested in viewing them, you can left-click the links above to...
Churning Stocks have been churning sideways for the past couple of weeks. This is one way for stocks to work off the intermediate term overbought condition that is the result of the strong advance off the Mid-February low. The other way for stocks...
Breather Stocks are still in an uptrend that started in mid-February. While this seven-week rally has been strong, over the longer term stocks are where they were 16 months ago. See chart below. Market breadth has begun to level off, stocks are...
Rollover The NYSE Composite Index (chart below) seems to be losing momentum right at its 200-day moving average. Also, the momentum indicators below the chart are starting to rollover. All breadth indicators shown below have either flattened out or...
Four In A Row Stocks advanced again this past week making it four weeks in a row of positive returns. This advance has been strong, but it is still not clear if the recent rally in stocks is the beginning of a new long-term uptrend or just a counter...
Sign up to receive our educational videos sent directly to your inbox
Join our mailing list to receive the latest news and updates from our team.
