Both the S&P 500 and the DOW are showing very clear patterns, according to Dow Theory, that a correction has begun. This may not be the “Big One” yet, but we have a very high probability of at least a minor pullback before another move up begins. In the video, I...
This week, earnings season kicks off with several big names like; JP Morgan, Wells Fargo, Citigroup and many others reporting earnings. In addition, Janet Yellen, Chair of the Federal Reserve will be speaking and is expected to answer questions about the “unwinding”...
I call this a “Cub” market because the evidence is continuing to point to at least a minor pullback continuing. We haven’t seen this clear of a bearish pattern since the election. Is this “The Big One,” the full-on Bear Market? No evidence of that yet, but we are...
A really interesting price pattern The major indexes; Dow, S&P 500 and Nasdaq all have a pretty interesting price pattern showing a high probability of at least a modest pullback forming. In the video, I illustrate this and explain what to look for in the short...
Well, the Fed announced the expected interest rates hikes last week. No surprises in what they said. The market had a feeble rally and then went flat at the end of the week. It looks like everyone is “watching and waiting” for something, although no one is...
