Market Views
Quiet for Now
Stocks finished a relatively quiet session lower today, after trading on both sides of breakeven amid waning optimism over Friday's partial trade deal between Beijing and Washington. Reports emerged that China wishes to continue trade talks before finalizing the "phase deal,...
Read More
Market Views
Shifting to Value
We have a lot of market analysts who are at a loss to understand the rotation(s) that have enabled stocks to work higher (and challenge highs) even at the risk of crying alarms. The hedgers and many technicians do so, the...
Read More
Market Views
One Stock at a Time
The major indexes are tilted to the upside to start the week. However, under the surface, we’re continuing to see increasing selling pressure on most growth stocks, including a bunch of names from leading areas like software and While...
Read More
Market Views
No Longer Overbought
Technically, the S&P 500 has corrected most of an overbought condition with a 2.73% decline from its July 16 high. News-related volatility will likely continue as the market enters its least favorable season. But, sentiment gauges have begun to improve a..
Read More
Market Views
Be Ready for Profit-Taking
The S&P 500 and Dow Jones Industrial Average were little changed today on slightly negative breadth on the NYSE. Broad foreign equity ETFs (EFA, EEM, VEU) also had a quiet day. However, small and mid-cap ETFs fell about 1⁄2%.
The Russell...
Read More
Congrats to the Top Picks 2019, Mid-Year
Congratulations to our Top Picks for 2019! For the first half of the year, the Dow Jones Industrial Average was up 11.8%; the S&P 500 gained 14.3%, and the NASDAQ has returned 16.1%. But, as you can from...
Read More
Congrats to the Top Picks 2019, Mid-Year
Congratulations to our Top Picks for 2019! We’re halfway through the year, and the markets are doing great—and so are our Top Picks! The Dow Jones Industrial Average has gained 11.8%; the S&P 500 is up 14.3%, the...
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
Market Views
Be Ready for Profit-Taking
I see yields and stocks falling considerably more than this in the months ahead. Likewise, I think gold’s countdown is nearing its end, prior to re-launching in more dramatic fashion its interrupted secular bull market.
But these moves—or at least of...
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
Market Views
Watch for Violation of Lows
Technically, not much has changed since last week. Momentum indicators on the major averages remain overbought for the short, intermediate, and the long term. Market sentiment shows high optimism (a contrary indicator), suggesting short-term caution. Today’s decline and were...
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
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