Wow! America is basically shut down. The President has declared a national emergency. The Fed has, for the second time, announced an unprecedented “out of cycle” rate cut, now to 0.0 – 0.25% And . . . the market is not responding well. Overnight Dow...
Wow! S&P 500 and DOW futures are down over 4% in the overnight session, and Oil Futures are down an unprecedented 20%. What does this mean for trading and a longer term forecast? My latest update and analysis are in today’s video: What are your thoughts? I...
The Coronavirus outbreak is causing concern in the market (not to mention other parts of society as well.) In this week’s update, I review the charts from a technical perspective and call out the other things to watch for as well. Here is the video update: Your...
The Wall Street Journal reports the a record amount of cash is being pulled out of Index Mutual Funds and ETF’s, as well as individual stocks. Yet the rally continues. What is driving this? Corporate Stock Buybacks. That is fine, but that well is not bottomless....
Is the market just “resting” before making new highs, or is it rolling over and a correction beginning? Watch this week’s video analysis for the key signs to watch for. What do you think? I welcome your questions, comments and feedback....
Well there it goes! The S&P 500 and other major indexes made new closing highs on Friday, November 15th, 2019. Not just new highs, but a clear break-out. That is the reality and I will trade that reality. But, how does this compare to previous rallies this year...
