State of the Markets
There's Good News In Them Thar Charts
This just in... We interrupt your regularly scheduled review of the big-picture market environment models with... some good news. Yes, fans, the bulls appear to have rediscovered their mojo.
What a difference a few days makes in this business, right? Just about a week ago, traders…
The State of the Bull Market: What Do the Models Say?
It is safe to say that the current stock market is frustrating. But unlike 2013, when the environment favored the bulls for the vast majority of the year and it was the bears that wound up pounding their heads up against the wall, this year, both teams appear to be experiencing some frust…
Is The Market Environment Improving?
In a recent missive ("Can The Market Survive the Mo-Mo Meltdown?") we noted that momentum meltdowns don't necessarily lead to serious declines in the blue-chip indices. We looked back at history and found that there have been times (5 to be exact) where the Dow and S&P weren't dragged…
Time For A Portfolio Pep Talk
To say that this is a tough market may be the understatement of the year so far. Lots of areas are getting beaten to a pulp daily, the economy has sputtered, the masses have been fooled by the direction of interest rates, there is a new so-called crisis every time you turn around, and as …
Are Those Bear Tracks Important?
In yesterday's missive, we talked about the idea that really big, really bad bear markets just don't happen that often. And since investors were treated to two devastating bears within a 9-year stretch, most folks are keeping their eyes wide open and preparing for the next one.
Th…
Could a "Baby Bear" Be Around The Corner?
As the saying goes, the stock market likes to climb a wall of worry. And what a wall we've got these days, right? There is Russia, the mo-mo meltdown, China's sagging growth rate, the potential for inflation, the aging bull market, the technical divergences, the economic soft patch, the P…
History Doesn't Suggest Major Correction is Due
The question of the day is relatively straightforward at this time: Will we see a meaningful decline (defined as a loss of -10 percent or more) on the S&P 500 in the near term or not?
From the bears' perspective, the answer is an unequivocal "yes." Our furry friends cite the o…
Can The Market Survive the Mo-Mo Meltdown?
By now, you are no doubt aware that there is a major dichotomy occurring in today's stock market. 2013's big winners are suddenly 2014's misery positions. Mo-mo has become a no-no. And many of the former leaders have been beaten unmercifully over the last two months.
You've probab…
The Question of the Day Is...
While the exploration of the various catalysts that might trigger the next bear market in stocks is certainly an important endeavor, the near-term action in the stock market is fascinating to say the least at the present time. Thus, we will cross our fingers and hope that the bears can be…