There is no way you can predict days like today and when they go down, you feel sick. But when they go up, you feel like a hero. War once again is driving the markets and even on the ride home, fuel prices magically jumped 8 to 10 cents gallon. C fund is still safe…
The last two weeks in the stock market has been hard to stomach, unless you are content looking at the yearly gains. I am, but I’m human and I hate giving those gains up. But I worked to find my rules and the only time I get in trouble is when I break my rules.…
Small Cap fired it’s second warning and I wanted to make sure that you were aware of the situation. I also drew a light blue line that price might settle on based price structure. Looks like currently in the markets we are getting a small bounce. To soon to think about calling it a possible…
When you look at the S&P 500 daily chart to the left you will see that we fired warning 1 when the CBL was broken. We also can see that the 50 day moving average was also broken and confirmed. Some traders at this point will sell even though the overall uptrend is still working.…
That was an ugly week. More later…………..
I didn’t think the move was actually going to happen that fast from my last post 2 days ago, but it happened and it happened as hard as I thought it would. Today’s 1.5% or more drop in the indexes always hurts but it is part of the market cycles. Remember, we never get in…
The churn on the S&P 500 started the day after my last entry signal. These things take time to develop and to see. On that date if all 3 exit signals were to fire, the exit price in the S&P 500 would have to fall from $1680 to $1577. That’s 103 point drop or 6%.…
Looking at the S&P 500 Monthly and Weekly Charts above it is very easy to see that this weeks 1% pullback made no change in the standing of the market. We are still in a very strong uptrend that I want to be part of until proven guilty. My new method of finding trends and…
After watching the morning moves and after looking at my charts all weekend, I will put my toe back into waters of the International Index with 20% of my funds. So after 4pm today and begining with the start of Tuesday’s markets, I will have a new distribution. C-fund = 40%S-fund = 40%I-fund = 20%
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