Market Update I would like to start our May newsletter with a brief explanation of how I analyze markets. Then share with you what that analysis is suggesting about the current market environment. If you are not interested in our process and just...
Category - Monthly Newsletter
Gaining Momentum
Market Update As I mentioned in my March newsletter, the stock market has churned sideways for the past 14 months. This sideways consolidation has been accompanied by some big moves both up and down, as you can see from the chart below. Global...
Sideways
Market Update Price Action – The S&P 500 Index (market proxy) The month of February saw stocks continue to advance. The move off the December lows has been impressive. However, if you zoom out and look at the market from a longer...
Getting Perspective on the Markets
Housekeeping I write monthly newsletters that are posted on the first Monday of each month. In addition, I post periodic updates dependent on what is going on in the markets. I did not post any updates in January because I had my tech guy working on...
Stock Market Indecision
The stock market has, for the most part, moved sideways this year. The big question is whether stocks are going to eventually break out to the upside and advance to new all-time highs or break down below the lows of earlier this year. There is...
How Is The Current Stock Market Decline Different From The February Decline?
The stock market experienced an 11% decline last February, but we stayed with our bullish thesis. Last month the stock market experiences another 11% decline, and now we are bearish stocks. So, what’s the difference this time? Overall, there...
Are You Listening To The News Or The Market – October 1, 2018
Stock Market Update Bias: Positive for Stocks Negative for Bonds The stock market is making higher-highs and higher-lows, the 50-day moving average is above the 200-day moving average and both those averages are trending higher, and the market...
Bull Tail – September 3, 2018
The weight of the evidence continues to indicate that we are in a bull market and should be invested aggressively in stocks. However, now is not the time to be complacent because we are at the tail end of this period of economic expansion...
August 6, 2018
In last months newsletter, I explained that I felt the stock market was at an inflection point. While the S&P 500 was still in an uptrend, several important sectors such as financials and industrials were lagging and sitting right at...