Daily State of the Markets
Lions, Tigers and Bears? Or...
Just about the time you think the new Administration is going to really shake things up in D.C. and the bulls are gonna "keep on rockin in the free world" (hat tip to Messrs Young, Vedder, McCready, Gossard, and Ament for one of th…
Is This a "Good" Overbought Condition?
Good Monday morning and welcome back to the game. Well, that didn't take long. The President doing something controversial, that is. So, with stocks in an overbought condition, it looks like traders have found a reason to do some selling in the early going. And with a decent-sized gap on …
Traders Finally Don the Caps
Well it finally happened. Dow 20K, that is. And yes, there were hats - lots of hats.
After struggling with the big, round number since the middle of December, the venerable Dow Jones Industrial Average finally broke above the 20,000 level and closed Wednesday at a new all-time hig…
Which Story Should We Believe?
So far this week, we've been talking about various market models and indicators. To be sure, the subject can get confusing as oftentimes the indicators can contradict one another. And then yesterday I went so far as to opine that negative readings from a couple longer-term, big-picture mo…
Is Red The New Green?
In yesterday's weekly indicator review, I noted that the colors were starting to change on some of our longer-term, big-picture market models. To be clear, this is NOT a reason to panic, don the helmet, or head for the hills. However, it is a reason to sit up, take notice, and pay attenti…
Colors Changing on the Indicator Boards
Good Monday morning and welcome back. The focus of the market this morning includes the state of Trump policies, the dollar, and rates. And with stocks currently stuck in a tight range, it will be interesting to see which way traders decide to go in the near term. But before we start down…
What Do The Cycles Say About 2017?
Call it the "Trump Trade," the "Trump Bump," the "reflation allocation," or whatever you'd like, but since November 9th, it is safe to say that traders have been looking ahead to better days. And by now, everyone knows the bullet points of the bull argument which include lower taxes, less…
Alts Are Really Alternatives To...
With the market continuing to trade sideways in a very tight range, this looks to be as good a time as any to finish up our review of alternative investing strategies and how they should be employed in one's portfolios.
So far, we've established that there are two categories of "a…
Some Weakness Creeping Into The Indicators
Good Monday morning and welcome back to the land of blinking screens. After a whirlwind weekend of planes, trains, and automobiles in the Midwest - where we spent the majority of the time successfully dodging ice storms (still can't believe the plan actually worked!) - I have returned to …
Alternatives As a Bear Market Protection Plan
While the NASDAQ index has continued to march higher in recent days and closed at another new all-time high yesterday, the rest of the major indices appear to remain stuck in a sideways trading range. And with the earnings parade about to begin and another troubled Italian bank trying to …