Market Update and Outlook

Bias to the downside. Big upcoming events are; -Earnings Season starting soon, Alcoa on 10/17/18 -Mid-Term Elections on 11/6/18 We may drift until then, slightly down. Still plenty of trade opportunities, just need to be cautious and watch key dates for individual...

That Mean Old Reversion

The S&P 500 put in new all-time highs last week and is pulling away from moving averages. Is a “reversion to the mean” coming? Watch the latest market update video for my take. As always, I welcome your comments, questions and feedback. Go ahead a...

Turkeys, Dogs and Bulls Oh My!

Turkish Lira meltdown. Dog days of summer. Aging Bull market . . . What’s a trader to do? My latest update is posted now. Hint: Still great trading opportunities for the prepared trader! Questions, comments or feedback? I’d love to hear from you!...

Watch The Russell

The Russell could lead the overall market down this week. Watch IWM for a level below $163.76, if this is hit, more low’s to come on the Russell and other indexes. See video for more details. As always, I welcome your comments and questions! Dean

Spring Loaded for Bad News

The market seems to be looking for bad news and will respond to it in a volatile fashion. The only reality so far only is good economic news, but even the hint of bad news causes an out-sized reaction. Check out this weeks video for latest example and for news this...

What Trade War?

On Friday, July 5th, 2018, import tariff’s on $34B worth of imports from China went into effect in the US. Of course, China retaliated with their own import tariffs on US goods. These were the first real “shots fired” in the “trade war.”...

An Interesting Pattern on the S&P 500

Time and Price patterns that are similar in magnitude and duration can often repeat themselves.  We have a pattern like this on the S&P 500 right now.  In this week’s video, I break it down and show what the next probable move is. Also, Happy Father’s...

Good News or Bad News First?

Lot’s of good news, and bad news to talk about. In the latest video, I cover the good and the bad and what to watch for in the near term. As always, I welcome your questions, comments and feedback! Dean