Month: April 2014

I am one day early but looking at the current charts, it looks to me by the end of the day that every index will be a buy or saying be invested.  So as of right now, my new distribution will be 25% in the C,S, I, and F. Yes, I already submitted the changes…

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I’m sure a lot of you felt after Friday that it doesn’t look very good for the markets but I’m here to tell you, it’s all about structure. Yes if things do not work out like the books says or how past structure has taught us, we could be in trouble. Think of a staircase.…

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This week will be the last full week of April and it always amazes me how time flies the older I get. This past week was a nice relief recovery and gave a nice pause to all the losses that we have seen in April. We are all back in the green for 2014 but…

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The S&P 500 and or C-fund is damaged and my gut says more to come. Why? The Nasdaq and Small caps are falling apart and in big trouble. Right now the S&P has 2 warnings fired and the bailout will be a close below $1802. There is nothing to like here on the Small Cap.…

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First up is the Small Cap and I’m really starting to get concerned here. We now have 3 lower pivot highs which confirms that we now have a short term downtrend inside the primary uptrend. You could argue that this is a longer term bull flag but I’m not convinced. Also after Friday’s hard pullback,…

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What a messed up year so far in 2014. Last year we were dancing in the street and this year we sweating just to hold a 1% gain. Take a close look at the YTD 2103 column in the top chart. I’m seeing a lot of double digit gains for the first four months. This…

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Monthly moves. Sorry no time for charts tonight, but here are the results. C – is a buy S – is a buy I – is a buy F – is a sell L-funds are all a buy.