When Is The Right Time To Sell

When Is The Right Time To Sell

It goes without saying that stock indexes broke below the technical support levels we outlined last week. Lower lows is the sign of a downtrend, but they normally don’t come in 1000 point increments. We talked about the cliché that...
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Don’t Trade Until You Read This..

Don’t Trade Until You Read This..

Wall Street has apparently lost its collective mind. Last week, the coronavirus had people citing the book of Revelation. The end is Near! Near! Near!… Euphoria reigns as the new week begins with the Dow Jones Industrial Average lifting off...
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How low can stock go right now?

How low can stock go right now?

MARKET VIEW Crash, boom, bang – stocks got hammered to start the week. Coronavirus got the blame, but is there something else possibly in play? Perhaps, Wall Street is worried about the potential of a Bernie Sanders presidency? We’ll start...
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Stocks are down for now, our models say buy while you can…

Stocks are down for now, our models say buy while you can…

MARKET VIEW Bullish, perhaps a touch over-bullish. That’s what our momentum model registered at the end of last week’s trading. Meanwhile, our leadership and heartbeat models continued to print buy signals. The three leading indexes took a little off the.....
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The Market’s Next Move – Music to your Ears

The Market’s Next Move – Music to your Ears

MARKET VIEW If you look out the window and see that it is raining outside, you don’t need to tune into the TV weatherperson to learn that it’s raining outside. With the NASDAQ gaining 4% last week, the S&P and...
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IS THE BULL MARKET BACK?

IS THE BULL MARKET BACK?

MARKET VIEW “Pop, pop” goes the NASDAQ. The index jumped to a new high after the coronavirus downturn. The tech heavy indexes gained more than 2% on Tuesday. As we’ve mentioned before, the NASDAQ is the Mary of the markets:...
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The Bull Continues Its Charge

The Bull Continues Its Charge

MARKET WATCH Impeachment, the Coronavirus virus in China, Japan, South Korea and in the state of Washington, and record-high valuations have some market watchers worried about stock prices. Guggenheim Partners investment chief Scott Minerd told attendees in Da...
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Dow 30,000? and Pot Stocks Heading Higher

Dow 30,000? and Pot Stocks Heading Higher

MARKET WATCH Don’t fight the tape is an axiom an old mentor shared with me as a young stock broker. In other words, don’t try to outsmart the market, buy when it’s going up and pile up cash when prices...
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