Tuesday, June 19, 2018
As all of you are aware, the market has been very volatile since “topping out” following an “all time high” on January 26th and the subsequent low in early February. Since then, the market has basically gone...
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Wednesday, March 21, 2018
The Dow Jones market index formed a “wedge” over the past several weeks and based on technical analysis, the typical resolution to this formation is a significant “break” out of the “nose” of the...
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Friday, March 2, 2018
Our Feb. 21st Blog pointed to Resistance around the 25400’ish level and the market reached that level on Feb. 27th and has since turned downward. As this is being written, the market is currently down to 24300 and has been as low...
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Wednesday, February 21, 2018
Last Friday ( 2-16) was stopped at a major resistance level and has not been able to climb above it as of today (2-21). If it does, we will most likely see a re-test of the Jan 26 “all time” high. Conversely, if the S&P...
Read MoreStocks have violently declined and risen in recent days amid investor concerns about possible higher inflation and rising interest rates. Market returns have been very strong for a long time and for good reason. Our economy is...
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Friday, February 2, 2018
Good Friday to all. Well, as I post this, the market is down 603 points (down 4% from the market high). Is this the end of the world???? No, it is not, our economy is doing better than it has for many years and believe it or not, the...
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Friday, January 19, 2018
With the exception of a minor flat period from mid-October lasting until latter part of November and for about two weeks in December of last year, the market has done nothing but go up. We are now in 4th quarter 2017 earnings...
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Thursday, August 11, 2016
We believe the market is at a critical “pivot” point (the 18600’ish level). The talking heads on TV continue to say the market “is making new highs”. What they are not sharing is it is doing so on...
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Friday, June 24, 2016
As this was written, our market had fallen dramatically due to the market upheaval caused by Britain exiting the European Union (EU) (aka Brexit). For those that did not react to our June market letter that suggested a “dual...
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Wednesday, July 29, 2015
On Monday, July 27, 2015, the Dow tested its July 7th low (17465) and actually went a bit lower to 17399 however, the other major indices did not reach their respective July 7th lows (except the small cap index, the Russell 2000). July...
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