Here’s Why I Think It’s Different This Time
The market is following my script to a tee…IT IS BREAKING DOWN.
Ignore These Words At Your Own Risk
At the
very least, I would hold off buying. At the very least, I
would be a heck of a lot more defensive…just in case. I
would only consider the highest of quality and lay off the
junk right now.
If You Bought MSO Friday, Read This
Even with Friday’s psychotic action, nothing really has changed since my last report. The DOW/NYSE-types remain in fine shape as the
Here Are 2 Levels I’m Watching Today
A break below that not only violates support
but violates the recent strong breakout of this level.
Watch These Tech Names
I showed you 5 great charts in my last report to make a point. Even though I have been writing about a lagging NASDAQ, a lagging
Follow These 5 Leaders
These five and other leaders I am following need to hold their breakouts to tell me things may be getting better.
If There’s One Sign To Look For, This Is It
The big negative I am seeing is that
even though the market went positive late Friday before
turning lower, ADVANCE/DECLINES and UP/DOWN VOLUME remained
horrid.
The Market’s Job Is To Fool The Masses — Does That Include You?
The Nasdaq topped right at the important resistance I told
you about in my last report. Volume patterns are now very
negative as we approach important support. A break below
support will be quite negative at this juncture.
Watch These 3 Numbers For Huge Positive Signs
I have no clue how
the day ends…but I do know several things. In my last
report, I told you about the underperformance in TECH stocks.
While the NYSE-types refused to correct, the Nasdaq pulled
back. Many names were hit hard. Now we get to look at the
potential positives of today’s action. If
Why Magazine Covers Are Important Indicators
Forbes magazine’s cover was recently entitled “TECH IS BACK:
THE 25 HOTTEST TECH STOCKS.” If that’s not bad enough, I just
received Fortune…the front cover…you guessed it…”10
TECH TRENDS TO BET ON.”
Here’s Why I Think The Market Is In Gear Again
It’s not what the Fed said, it’s how the market
reacted to what the Fed said. I don’t think Einstein could
understa
How Last Friday’s Action Told Me Where The Real Strength Was
Friday’s action gave me a chance to see where real
strength is right now. First off, RETAIL stocks are now
getting money flows. A few names are breaking out at the same
time.