Through this blog, I have long recommended that readers consider using a trading strategy utilizing various technical analysis methodologies. As I have often noted to readers: Everyone is a hero in a bull market. It’s the bear markets that separate the competent investors (and Money Managers) from the wanna-be’s. It is in the current sideways Read More
Some indicators suggest a selling opportunity is approaching
The S&P 500 is currently testing a level of technical resistance on its daily chart. The level of 2800 has been tested a few times unsuccessfully since February. On a shorter termed timing basis, we can turn to my Short Termed Timing model as applied to the S&P 500’s daily chart. I have noted this Read More
Comparing Canadian REIT’s to US REIT’s
Technically, the Canadian REIT scene is in pretty decent shape. The iShares REIT ETF (XRE-T) seems to be happily moving up in a nice uptrend. Its following my key trending rules of making higher highs and higher lows on the weekly chart. That, and its above its 200 day SMA. However, the sector is coming Read More
Bear-o-meter moves to neutral
For the past 2 months, the Bear-o-meter has migrated between readings of 2-3. As you’ll notice in the scale below, that level kept the Bear-o-meter in the “higher risk” territory. You can do a search on this blog for other Bear-o-meter readings to track its readings –the last one being in June. Note that the Read More
You got to know when to hold ’em, know when to fold ’em, know when to walk away, and know when to run
To start this blog, I thought I’d move away from my frequent references to rock n roll songs, and bring a classic Country Western song into focus. By the title of this blog, you know the song (Kenny Rogers, The Gambler ). Here’s the clip to this timeless classic: Kenny Rogers – The Gambler The Read More
Will marijuana stocks get high(er)?
Back in November of last year, I noted that I had a non-investment savvy friend ask me about Bitcoin. I told him that it was massively overbought by about 300% – and ready to crash. In fact, I was so convinced of this argument that I posted a blog predicting that very event- and here Read More