The Breakouts Are A Good Sign. But Here’s The Fly In The Ointment
The market is now in the meat of resistance. I would suspect it normal for the market to pause into this resistance before, hopefully, attempting to move higher.
5 Stocks I Am Watching
Well, I knew there was going to be a bounce…
Are You Buying Google? Read This First!
Let’s be clear about Google. It was being brought public by the Keystone Cops. Everything that could go wrong, did go wrong…and that’s good. I have
If You Want To Play The Bounce, You Must Be Aware Of This…
I heard and read several thousand people calling for a bounce at this point in time. That’s great. I hope we get one…and probably will. BUT…in no way is that the important point. While
This One Indicator Works Amazingly Well
I have received a ton of email questions in the past couple of days. Here are the questions and my answers.
The First Key To Success
Well, it’s that time again. Time for me to go away for a few days to connect the dots. In case you don’t know, twice a year, I leave the confines of my home and family to retool. As I have said before
What Drives The Stock Market
I have always been amazed when I hear strategists telling the world the market has to go up because the economy is strong. These strategists do not have the facts in hand. Here are the facts:
A Few Sector Changes You Should Know About
Nothing I have seen in the past few days changes my thoughts about the market. The tape is gross…and I am being nice.
Your Job Remains Simple…
In my last report, I told you that a bounce was in order. I just felt that the May lows for the DOW/S&P 500 was going to be a place where the market put up a fight. So far…success. On top of that, the down
How To Tell How Strong Or Weak The Market Is
Bounces serve a simple purpose: they work off deep oversold conditions. Until bounces show conviction measured by strong volume, they will qualify as nothing more than sellable bounces. If volume kicks
What The Reaction To News Is Saying…
So, you’re loving me now. Your emails have gone from telling me I am psychotic to “I love you man!” My…how things change! I am actually humbled by the emails I have been getting. Not only have they
The Test Results Are In!
I told you this morning that the market had a test to face today. After all, MSFT news was supposed to save the day. TEST TAKEN…TEST MISERABLY FAILED!