I apologies upfront, I was suppose to publish this blog yesterday with our monthly moves. The bright side is that there is no change going into May. We had a very nice April, so let me show you the results.
I apologies upfront, I was suppose to publish this blog yesterday with our monthly moves. The bright side is that there is no change going into May. We had a very nice April, so let me show you the results.
I use 6 different time frame charts to watch the markets. Most times what I show you is the daily charts and once a month, I show you the monthly. This week I want to show you the battle that took place by showing a little more detail. Using the 30 minute chart, it shows…
Monday not much happened. Tuesday through Friday we had indexes doing and going in all different directions. We also had a bull flag breakout. Which way did it go? More on that later, for now, the closing numbers.
So which way will the S&P 500 go? We have been here before with the result being a disaster. We could grind here for a few weeks or maybe the results will be quick and eye opening. What about the Small Cap and International? Changes are coming to the TSP but that should not come…
Unless I am wrong, and I’ve been wrong a lot, the markets are closed tomorrow. Half the month of April is gone and we have had quite the battle this week. Did we make any progress?
Yes, that is correct. I was suppose to be sitting at the racetrack watching MotoGP motorcycles zipping by, but instead I am sitting in the rain think about stocks and what I want to show ya’ll. It has been an amazing ride the last 6 months and sort of just like these motorcycles. One second…
What a battle all week at resistance and support levels. At the close Friday, we had some important break throughs and we also had an index loose support and fire a sell signal. I should be able to get out my second post this weekend even though once again, we have a very busy weekend…
As I type this blog post and after being on the road since March 5th, I feel like I am totally out of the business news flick. I could not even begin to tell you what is dragging or pushing stocks in one direction or the other. My situation reminds me of a book I…
First full week of April is in the books and it was a good one. The C, S, and I all transitioned from short-term uptrends to mid-term uptrends. Short-term uptrends are created and drawn on daily charts and are not very reliable. Mid-term uptrends are created and drawn on weekly charts, and they are transposed…
The TSP has always had some of the lowest management fees for retirement accounts, aka 401k’s etc. There have been some limitations that when retired always made a few think they had to close their accounts and move their money to another organization. All of that is going to change soon and keeping your money…
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