The Market seems to be climbing a “Wall of Worry.” According to Investopedia, that means: “The financial markets’ periodic tendency to surmount a host of negative factors and keep ascending.” Does that seem to fit? -US Government shutdown...
Last week there were plenty of big things that could have moved the markets, but . . . nothing happened. The upcoming week holds plenty of potential as well. This week’s video walks through the big deals to watch for, and the technical analysis of current...
Looks like the market is continuing to head up, for now. Great! I’ll go with it, for now. In this weeks video update I analyze the charts and call out quite a few events and news items to watch for. Be sure to leave your questions and comments!...
As of Friday, 12/21/18, The US government partially shut down over budget disputes centered around The Wall. And any hopes of a “Santa Rally” were smashed against that wall. In this week’s market update video, I analyze current price action and offer...
Looking for a sign? Pick your indicator – all Bearish for the S&P 500. Don’t be fooled by a minor uptick through the end of December. Latest analysis and key levels to watch in this weeks video: Engage! Be sure to leave your comments and questions. I...
On Friday, 12/7/2018, the S&P 500 presented a pattern called the “Death Cross.” This may sound like a Darth Vader move of some kind, but it is simpler than that, and a whole lot less ominous. The “Death Cross” is when the 50 day moving...
20 Global leaders will meet in Buenos Aires this upcoming week, but only 2 of them matter. President Trump and Chairman Xi are the only ones that matter in terms of moving the markets in the short term – and move the markets they will! Rising interest rates,...
In this weeks video, I review the EXACT levels to watch for. Last week we got a really nice short – and as of now, it looks like it could be setting up again. Please leave your questions and comments! Dean
Not a blue wave, not a red one. Elliott Wave is the real thing and we have some really nice clarity on what to expect over the next few weeks. Here is the latest video analysis: Be sure to leave your comments and questions!...
Did I really say that? Is the Bull Market over? Yes, I think it is, for now. Even if we get a short term move up, there is a high probability of more lows to come – much more. But it is OK. We can profit in this environment. Watch the latest video for my...