Market Update for the Week of 6-24-19

Big Picture Right Now: 6/23/2019 1) China trade deal up in the air –G20 Summit begins on June 28 2) Tensions with Iran continue 3) S&P 500 showing potential reversal 4) Tech sector still showing weakness 5) Energy, Utilities and Metals showing strength This coming...

Market Update for the week of 6-17-19

Big Picture Right Now: 6/16/2019 China trade deal up in the air – nothing planned until G20 Summit on June 28/29 Tensions with Iran continue S&P 500 showing weakness – watch for reversal Broadcom leading chips down – tech sector short opportunities Consumer...

Best of Times – Worst of Times

In “A tale of two cities,” Charles Dickens opens saying it is “The Best of Times, The Worst of Times.” The reference is the French Revolution and a contrast between London and Paris. He talks about “the spring of hope, and the winter of...

A Defiant Rally

The market continues up, defiant of all signs of global slowing. What’s up with that? Ultimately, the “why” doesn’t matter. The “what” is the reality and I will trade the reality, up or down. Here is the latest analysis and update:...

Inversion Perversion

The yield curve “inverted” last Friday, meaning the 10 year yield went below the 3 month yield. Many claim that this is incontrovertible evidence of an impending recession. You can also find many commentators advising that you ignore it – the the...

Roll Over Beethoven

A long Bull Market, a sharp correction and then an impressive recovery. That may sound like current market price action, but it is actually what we saw in 2008, right before the “big one.” The pattern is eerily similar. Will we see it again? There is no...

Happy 10th Anniversary Bull Market!

The current Bull Market will hit it’s 10th Anniversary on 3/6/19. The low of the 2007-2009 crash was put in on 3/6/2009. So, what happens next? In this week’s analysis video, I explain that I don’t have a crystal ball, but we do have some key things...

Rent This Rally – Don’t buy It

The S&P 500 and other major indexes are up over 10% year-to-date. That would be a solid year and it has happened in just over 6 weeks. But, will it continue, or is this a “Bear Market Rally?” Time will tell, but there are signs that things could...

The Big Deal is: Deal or No Deal?

Government funding agreement and China Trade. Those are the current “Big Deals.” Will deals be made, or will there be “no deal?” I don’t know, but I do know that the market will react – and I know how to be ready. Latest update and...