What Do The Next Six Months Hold?
The S&P 500 has traded sideways for three weeks now. Volume is not giving us a clue as to the direction it shall ultimately pick. The Stochastics indicator is …
Read MoreThe S&P 500 has traded sideways for three weeks now. Volume is not giving us a clue as to the direction it shall ultimately pick. The Stochastics indicator is …
Read MoreWhile the S&P 500 closed at a new high, something the DJIA, NASDAQ Composite, and Russell 2000 failed to do on Friday, many quality stocks remain in limbo. …
Read MoreThe NASDAQ Composite has retreated to its 200-day moving average on the daily chart. But the Stochastics indicator on the weekly is more interesting. It has …
Read MoreHow likely is a recession in the near future? Financial Market Perceptions of Recession Risk, by Thomas B. King, Andrew T. Levin, and Roberto Perli, 2007, …
Read MoreWe had a nice little rebound in the markets last week. The Stochastics indicator on the S&P 500 suggests this rebound could go further. Looking at other recent …
Read MoreThe S&P 500 finally closed above the 1850 level, after numerous attempts. That's nice, except it did it on volume a little below average. No out-of-the-park …
Read MoreThe S&P 500 has not been able to break to new highs. Friday, on about the sixth attempt to break above the 1850 level, it quickly gave up and closed just above …
Read MoreAs impressive as the market rebound at the end of last week seemed, the theaters weren't full. Audiences went to some other movie. The Dow Jones Industrial …
Read MoreIn Monday's newsletter, I showed how the recent pullback, when put into perspective, was both on schedule for a short-term cycle low, and typical in the length …
Read MoreIs last week's action in the markets the sign of something more ominous? Of course there's the possibility a long-overdue more significant pullback may be …
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