Still Going According to Script
Back on January 31, we wrote that the market was basically following a perfect Hollywood-type script for a major market bottom—you had a three-month bear phase that produced huge oversold readings and massive pessimism near the low, followed by turn...
Read More
Market Views
Mixed Signals
The $SPX chart is still bearish, because there are lower highs and lower lows on its chart. Oversold rallies typically carry from their lows up to and slightly above the declining 20-day moving average. That’s exactly what this rally has done far...
Read More
Pieces are in Place
We’re about five weeks into this market correction, and it’s been a pretty nasty one when looking at the major indexes—from high to low, the S&P 500 has fallen as much as 7.6% and the Nasdaq by 10.8%, with small- mid-cap...
Read More
Marijuana stocks are red hot, but it's hard to choose the right ones. These four marijuana index funds and ETFs give you exposure to the entire industry.
Read More
Time Likely Needed
In The Perfect Speculator (written by Brad Koteshwar), fictional trader Boyd Hunt said, “Everything in the market takes time. Learning takes time. Making gains takes time. Even losing big takes time because the market will occasionally offer small crumbs to remove (We...
Read More
Market Views
Pare the Weak
The market has been under severe selling pressure for six days since the tariff tussle got underway two weekends ago, with today’s broad declines enough to crack the intermediate-term uptrend that began back in January. Big picture, it’s still a market,...
Read More
Tariff Grenade
In last week’s update, we wrote, “We are seeing some short-term things to keep an eye on … earnings season has [shown] plenty of poor reactions and few solid gaps higher … sentiment has turned complacent … upside momentum has been waning and...
Read More
As marijuana stocks continue to explode, exchange-traded funds want in on the action. There are three marijuana ETFs to buy now - and two more coming.
Read More
Growth Stocks Perking Up
Back in our younger days when we were first learning the market’s inner workings, we viewed the stock market as relatively uniform, even on a short-term basis. Obviously, there were times when divergences popped up (usually near market tops), but the...
Read More
The Perfect Isn’t the Enemy of the Good
One reason the market is such an interesting place is that there are always differing opinions even among the smartest and most thorough investors. The late Martin Zweig once said that, if you had 100 market it...
Read More
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
Short Term Remains Murky
Last week on this page we wrote that, while the longer-term outlook remained positive, we were starting to pick up on some cracks in the foundation—the broad market had stopped going up in late February and, despite a push to highs...
Read More
Higher Prices Ahead
It’s mid-March in New England, which means we’re starting to see signs of spring—birds are flocking back, the gang of wild turkeys in our town are flirting and gobbling, the days are getting longer in a hurry and work boats are moving...
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
The Evidence is Clear
There are many times—we’d even say most times—when the market’s evidence is at least somewhat mixed. Some major indexes might look good, for instance, but others are lagging. Growth stocks may be acting well, but the broad market is iffy. conversely,...
Read More
It’s Not the News that Counts
One of the biggest banana peels that many investors slip up on is the desire to focus on the news, be it economic reports, high-profile earnings releases or important political rumors (like the current U.S.-China trade talks). But it...
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
Going According to Script
A punishing, out-of-nowhere, three-month decline that takes apart many popular stocks and sends the indexes reeling. A wave of panic selling at the bottom that produces historic oversold readings and massive pessimism—even though many growth stocks show resilience during the weeks...
Read More
After a messy end to 2018, small-cap stocks are poised for a big rebound in 2019. The most efficient way to play it through these small-cap funds.
Read More
We’re Optimistic
Just three weeks ago the market was on its knees, as the major indexes were down more than 20% from their highs, the average growth stock was in tatters and there were air pockets galore—the final four days of the decline saw Dow...
Read More
