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...

Unusual Uncertainty: Market Update 10-20-19

The degree of political uncertainty is at an incredible level. As a result, the S&P 500 is stuck in a channel, with the tension of a strong US economy, better than expected earnings, but this overhang of uncertainty. In this week’s video, I review the...

Big Picture for the week of 10-14-19

Here are the “Big Picture” items for the week coming up: 1) “Phase One” of China trade deal agreed to in principle – needs to be “papered.” >Caused market rally on Friday 2) Q3 earnings season in full swing >Watch Banks in particular >JPMorgan...