Market Near Inflection Point, Pickle Growing Again

Jul 9, 2020

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01:13 PM PST

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On Monday I mentioned the market was in a trading range. The reason I did so was in anticipation of something like what's happened since then.... the S&P 500 continued to sell off all the way to the lower end of that range, almost. I drew my line in the s
The Cure For Sideways-Market-Itis

Jul 9, 2020

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01:13 PM PST

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Never let it be said the market isn't interesting. I've got some 'bigger picture' thoughts on the last few days, and what it might mean for all of us whether we're currently in or out of stocks. First though... I've been a busy blogger since our last upda
CGYV: Somebody Knows Somethin'

Jul 9, 2020

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01:13 PM PST

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I had no intention of writing a newsletter today, but sometimes when things pop up, you have to pass 'em along. Today's one of those days. Did everybody see what happened with China Energy Recovery (OTCBB: CGYV) today? It was up big, as in double digits.
You're Not Imagining It...Market Momentum Has Shifted

Jul 9, 2020

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01:13 PM PST

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I've spent the last couple of months talking about how to find evidence that things had changed for the better for the market. Well, I think we finally got it between Thursday and Friday of last week. All the bearish stuff that had been plaguing stocks? I
Why the Market Can't Put Two Winning Days Together

Jul 9, 2020

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01:13 PM PST

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At 3:48 PM EST on Wednesday, the Dow Jones Industrial Average was peaking at its high for the day, up 3.2%. By 4:00 PM EST, it was down 0.8%. I don't know what's worse....the fact that we saw a 4.0% swing in 12 minutes, or the fact that nobody seemed surp
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