In this video I highlight key levels to watch in the market and outline why I continue to give the bull market the benefit of the doubt. The trend is less certain than it was, so we need to see how things unfold. Now is not the time for fear OR complacency.
For the second time this year, the stock market got hit by a bus last week. In this article I take a look at the week’s dramatic action in the stock market and look to see whether the weight of evidence leads me to expect higher or lower prices in the future
Watch the market update video. Market is looking more bullish The S&P 500 continues to hold above the key support level I have been highlighting recently (~2800). We are also seeing more positive developments in the Healthcare and Consumer Staples sectors, both of which are looking more bullish. Drought of new highs However, the S&P […]
Watch the market update video. The bull market continued unabated last week, with the S&P 500 pushing through a key resistance level I have been highlighting and reaching above the 2800 level again. Strong earnings season Second quarter earnings have been helpful to the stock market. So far this earnings season the “beat rate” is […]
Watch the market update video. This week I have recorded for you a short (9 min) video covering some bullish developments in the markets. Below, I have briefly summarized what I cover in the video: Firstly, this: The QQQ is the ETF that tracks the NASDAQ. This is a BULLISH development for the NASDAQ, which has been providing […]
Watch the market update video. The stock market remains stuck near key mid-range levels. In this brief video I take look under the hood to see whether a move higher or lower is the more likely probability.
By now, you have probably heard the Facebook story. In short, Facebook faces intense criticism over news that Cambridge Analytica, a political research company with ties to President Donald Trump, had allegedly illegitimately obtained and used 50 million Facebook user profiles. US and UK lawmakers fear the data was used to sway voters in the last presidential […]
This week, rather than taking a shorter-term trading view of the markets, I’m taking a more long-term, “30,000 foot” view of the bond market vs stock market. I don’t allocate capital or take trading positions based on this broader view. However I do find it helpful to look at the big picture from time-to-time, so […]