Daily State of the Markets
Indicator Review: Can You Say Neutral?
Good Monday morning and welcome back. Before we let the blinking screens take over our lives again, let's step back and look at the state of the market and review our objective major market indicators/models.
The first step is a review of the price/trend of the market. Here's my c…
Why Tactical Isn't Working - Part VII (The Solutions)
This morning I'd like to finish what has turned out to be a rather lengthy series on why tactical management strategies have not been living up to expectations over the last several years.
Last time, we talked about the role that "the machines" play in the stock market and the imp…
Indicator Review: Dazed and Confused
Good Monday morning and welcome to the home stretch of 2016. Before we let the blinking screens take over our lives on the first first day of Q4, let's step back and start the week with a review of the state of the market and our objective major market indicators/models.
The first…
All About Deutsche
On this final trading day of the third quarter, the focus has shifted entirely to state of Germany's biggest banks, namely Commerzbank and Deutsche Bank. While the soundness of the European banking system has been an issue on and off since the credit crisis ended in 2009, specific concern…
Why Tactical Isn't Working - Part VI (The Rise of the Machines)
One down, one to go. Important central bank meetings, that is. While we will have to wait a few more hours to hear whether Janet Yellen's merry band of central bankers is going to raise interest rates today, we did learn overnight that the Bank of Japan will now target the level of intere…
Why Tactical Isn't Working - Part V (The Numbers)
With the markets waiting on both the BoJ (Bank of Japan) meeting and Janet Yellen's announcement on Wednesday, let's go ahead and spend our time this morning continuing the discussion on why tactical/technical strategies have not fared well in recent years.
So far, we've establish…
Since It's Still September...
Good Monday morning and welcome back. Before we let the blinking screens take over our lives again, let's step back and start the week with a review of the state of the market and our objective major market indicators/models.
The first step is a review of the price/trend of the ma…
The End of an Era?
So, did we learn anything from the resumption of the market's dance to the downside yesterday? Can the action be blamed on anything specific? Should we be concerned about the reversal of Monday's reversal? Or is this simply the latest edition of computers gone wild, or what I like to call…
No New Message From Brainard
Down 2.4% on Friday. Up 1.5% on Monday. Such is life in the stock market these days when the computers think they've found a theme. Or rather, when the computers think they've found a theme one day and then realize they were wrong the next. Good times.
On Friday, stocks got hit ha…