“Researcher” David Meade had very publicly prediction that the world would end yesterday. Obviously, it didn’t. Mr. Meade is the latest in a very long string of folks who have tried to map out the imagery in the Book of Revelations and try to connect them to current...
The S&P 500 closed at record highs three times this last week. Price movement in the S&P 500 is following exactly The Dow Theory definition of a Bull Market, which is a trend marked by continuous Higher-Highs and Higher-Lows. What is interesting is that the...
The overall market is “jittery” and seems to be “looking for a reason” to move in one direction or another. There seem to be more reasons on the horizon for it to go down than up! Sure, we may have tax reform, infrastructure spending, capital repatriation and many...
As hurricane Harvey ravages Texas, the market heads higher. My thoughts and prayers go out to those who were impacted by the storm and who are still reeling from its aftermath. But the market isn’t reeling, it marched up smartly this week. We still have...
A Total Eclipse of The Cloud On Monday, 8/21/17, there will be a total solar eclipse and I am here in Newport, Or which is in the path of totality and I’m looking forward to viewing this rare event. So, of course I had to tie “eclipse” into the update somehow. And the...
Loaded but maybe not locked Of course, I’m keying off of the phrase “Locked and Loaded” that President Trump has been using to describe the US Military’s readiness to respond to North Korea. Since that phrase is in play, I thought I would use it for this week’s market...
FANG is an acronym that you hear a lot lately in the financial press. Of course, it stands for: Facebook, Amazon, Netflix and Google. These are the new technology driven, market leading, iconic companies that a lot of market participants watch closely. If you remember...
The S&P 500 put in a new record closing high on Monday, 6/19/17. So, are we “Up, Up and Away” from here? Maybe . . . but maybe not. Interestingly, the NASDAQ did not follow. Historically, the NASDAQ often leads the overall market and right now, it is looking a...
