Buying Back the Rally?

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....

Resting or Rolling Over?

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....

There it goes! Market Update 11-17-2019

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...

New Highs For Now – Market Update 11-10-19

All of the indexes put in new intra-day and closing highs last week. Will it continue? What are the driving factors? Check out this week’s latest analysis in the video below. Meanwhile, we are making profit, both ways, long and short. Currently six open...

Triple Top – Or Breakout?

The S&P 500 has approached the all time high of ~$3027 for the third time. Will it break out, or reverse down again? The key things to watch are; – Earnings results (60% of the S&P 500 has yet to report) – FOMC announcement on Wednesday, 10/30/19...