Tag Archives: NYSE Comp.
Stock Market Strategy: The More Things Change the More They Stay the Same
I must begin today’s missive with an ebullient congratulations to my good friend Blaine Bell! The wedding in Napa Valley this past weekend was beautiful, the bride radiant and the party atmosphere prodigious. While my computer did make the trip to Napa, it was used for portfolio management only. Any free time this past week was spent in the lovely […]
Stock Market Strategy: A Follow Up – Transition From Short to Long
On Friday of last week I outlined a case for impending equity market strength. Please refer to this post titled, Stock Market Strategy: Reduce Shorts Expect Equity Market Rally , for complete details. Today, I would like to review recent news events and the market’s subsequent reaction to see if our bullish call has horns. To begin, I’m going to […]
Stock Market Strategy: Reduce Shorts Expect Equity Market Rally
The Bear is Full Right Now & May Need Time to Digest The Grizzly we stalked in April and found in May has been devouring pathetic bulls for the last six weeks. The time may have arrived for this satiated animal to take a break. Please refer to the chart of the NYSE Composite below for a clear picture of […]
Week in Review: NYSE Comp. in Defined Downtrend, Credit Market Troubles Continue as Europe Leads the Decline, NFP Data Disappoints
The news moving markets today centers around fears about renewed economic weakness and continued credit market deterioration. I have included a number of stories below offering a good cross-section of the situation. Meanwhile, traditional technical analysis helps tone down the noise and offers a pure indication of who is in control: the buyers or the sellers. To that end, the […]