Market Views
Bullish, but Cautious
No basic changes for our overall views of a market capable of extending; but just in a guarded way. It measures higher, as its mostly fully-valued for big-cap leaders; hence vulnerable to shakeouts.
Equity markets, the Fed’s calmer monetary policy, generally to...
Read More
Market Views
Still Bullish but Cautious
Today’s rally, sparked by better than expected manufacturing data from the U.S and China, was worldwide. Twenty-four out of the twenty-five international ETFs that we track finished higher.
The Dow surged +329 (+1.27%) and easily took out its February highs. of...
Read More
Market Views
Testing Resistance
Technically, the market experienced a two-week consolidation sufficient to resolve an overbought condition. With the return of some indicators to oversold territory, the S&P 500 could once again be positioned to test resistance above the 2800 level.
Timer Digest, P.O. Box 1688, CT...
Read More
Market Views
Keep Your Cool
Remain calm. This market is behaving exactly as it should be. Famed investor Bernard Baruch once said, “The main purpose of the stock market is to make fools of as many men as possible.” The recent collapse and rebound in stock...
Read More
Market Views
Caution Remains
Given that we’re fighting the 200-Day Moving Average; we can set-up for a bit of a pause. But it’s news-sensitive. So, for now, China may be a topic ‘beyond the interim pullback’ discussed as likely in February (or part of it, coming...
Read More
Market Views
Bullish; Time for Strategic Buying
With the emerging markets outlook continuing to improve, investors shouldn’t worry about the lack of upside catalysts in the coming months. The U.S. stock market is still benefiting from strong corporate earnings momentum and equally strong internal momentum on...
Read More
Congrats to the Top Picks of 2018
It was a challenging year for the markets in 2018. Up a few hundred one day; down the next. The end result—just looking at raw numbers—was not too pretty, with the Dow Jones Industrial Average falling 7.36%, Nasdaq...
Read More
Top Picks 2018
Congratulations to our Top Picks for 2018! The broader markets started 2018 off with a bang. But Washington politics—including the Mueller investigation, a turnover in the House, tariffs creating consternation in China and Canada, Trump’s coziness with North Korea, and the well...
Read More
Market Views
Selling not as Widespread as you may Think
Selling Climaxes again outweighed Buying Climaxes but action was very light in both the Nasdaq 100 and S&P 500 with only one Buying and one Selling Climax in the Nasdaq 100 and only 4 each the...
Read More
Market Views
In Recovery
Larger stocks led this week’s comeback with growth stocks picking up the most interest. Our FAANG Index bounced off its low, however I am still expecting a long recovery time for these stocks. For the market as a whole we have a..
Read More
Market Views
Fear Index Up
The Dow sunk over 600 points yesterday, and the tech-rich Nasdaq also gave up triple digits, as Apple (AAPL) stock plummeted after another iPhone supplier warning. In addition, fellow blue chip Goldman Sachs (GS) suffered steep losses, pacing a broader decline...
Read More
Market Views
Can Go Either Way
Resistance for the QQQ remains between 172.00 and 174.00. Support is between 165.00 and 168.00. A break below 165.00 would imply 162.50 is likely. A break below 162.50 would suggest the low on 10/29 at 160.09 will not hold a..
Read More
Market Views
Time to Trim Riskier Options
Most major market indexes were back on the move higher on Monday, led by real estate, consumer staples and utilities. Shares of technology companies were not participating, however. Nor were energy producers. And healthcare companies’ shares were largely combination...
Read More
Market Views
Looking for a Sharp Pullback
Predicting exactly when the market will bottom is always a random guessing game at best. I offer no forecast as to when, or at what level, the major averages will hit their final lows. Based on the huge in...
Read More
Market Views
Selling Elevated this Week
Among the Buying Climaxes (74), the Retailing sector featured heavily and among the Selling Climaxes (203) were Autos, Buildings and Precious Metals featured.
Buying climaxes take place when a stock makes a 12-month high, but closes the week with a They...
Read More
Market Views
It’s the Earnings that Count
History shows that stock prices generally have followed earnings, so it is nice to see actual and projected EPS moving up, even as earnings forecasts often turn out to be too rosy. Happily, the number of companies (79.8%) expectations...
Read More
Market Views
All Clear
The Russell 1000 version of the advance-decline line made a new high this week, see chart below. In the absence of other evidence, we take each new high in the advance-decline line as a sort of ‘all clear’ signal. We remain on...
Read More
Market Views
Long-Term Trend Remains Up
The overall market remains in decent shape, with the longer-term trend firmly up, though the intermediate-term trend is a bit iffy. But there remains a ton of rotation and crosscurrents in the market, with many (but not all) growth getting...
Read More
Mid-Year Top Picks
Congrats to the Top Picks 2018, Mid-Year
The Dow Jones Industrial Average has gained about 1.4% for the year, which as you can see from our Top Picks table above, doesn’t come close to the gains of the big winners that our selected...
Read More
Congrats to the Top Picks 2018, Mid-Year
The markets have seen more volatility in 2018 than last year, with the Dow Jones Industrial Average showing net gains of just 57 points for the year. But the good news is that our contributors have walloped score!
Capturing...
Read More