It is looking more and more like a V bottom for the recent sell-off. The classic case is for a retest of the most recent lows before real recovery begins. That is what many pundits have been [...]
The U.S. stock market may have made the bottom in the recent correction on Christmas Eve. Since then it has been recovering. Two important things happened; the Federal Reserve indicated that [...]
A slowdown in Chinese manufacturing is the latest metric to rattle markets. Some other Asian countries are also showing signs of slowing. This may not be as bad as it looks. The prospect of [...]
If not panic, then certainly a lot of pique! Selling sometimes begets selling; that is what seems to have been happening recently. What had been an established trading range has now been broken [...]
Once again, the U.S. stock markets have bounced off the bottom of the trading ranges established this year. That trading range is 2600 – 2800 on the S&P 500, plus or minus a little and [...]
The green shoots we were seeing over the past two weeks have now been aborted. Money flows had turned positive and there were obvious signs of bargain hunting. News events simply overwhelmed the [...]
The buy-signals we pointed out last week that were emerging in stock market activity are persisting. That does not mean that they cannot be aborted by events, but there is clearly a shift in [...]
Technical indicators have just been signaling buy signals. It may be that the recent volatility may finally be resolving itself and a more positive phase developing. We don’t hang our hat on [...]
A day after the election, the stock market celebrated, taking the Dow Jones Industrial Average up 545 points. Part of this is a relief rally (the election was finally behind us) and part was [...]
