A reader sent me an email recently asking about a chart I had posted on a blog many months ago. Thanks to Paul in Calgary for inspiring the revival of this chart, which illustrates the period between 1997 to now. Scroll down to view it. You’ll note on the left side of the chart the Read More
Value vs. Momentum
Money seems to be moving into value, and away from momentum. You’ll recall my last blog where I noted that the Russell 2000 small capped index (IWM) was on the verge of popping. The IWM ETF can represent stocks that offer some level of “value” – mainly when markets have focused on large capped stocks. Read More
Will the FANG’s roll over?
Markets often enter corrective phases as former leaders roll over, and new leaders take their place. Rotation is a healthy thing, and can keep a bull market rising. But – such changing of the guard often involves a bit of chaos as the leading stocks give ground. Market leading stocks or sectors which have become Read More
One with the market
“It’s easier to fool people than to convince them they’ve been fooled.” Mark Twain At this point, a lot of people are forming theories and opinions about the market. The bulls are theorizing that the economy is going to continue expanding and earnings will continue growing for a prosperous stock market. The bears are Read More
The game plan
The following is a reprint from a client update we just sent. I thought it would be of use to readers of the blog. As I suggested on BNN recently, the market has made it back into a “vital zone of support”. My last blog also discussed this vital support zone for the markets. The S&P Read More
The long and short of it all
Today I’d like to review the longer (macro) termed outlook via a current reading of my Bear-o-meter. I’ll re-post a chart of the S&P 500 that I’ve put up a couple of times that will point out a few potential technical targets for that index. Finally, I’d also like to review the neartermed probability targets Read More
My dad’s smarter than your dad.
Super brief look at the market before we get started on the main topic of today’s blog. Rumor has it that the markets have been volatile. If this rumour is true, we’d better take a look at the charts to see if the situation is dangerous. Below is a chart of the S&P 500. The Read More
It’s the end of the world as we know it. And I feel fine.
Rock band REM sang a truly great song called “It’s the end of the world (as we know it)”. Many of you have heard the song, I’m sure, but if you wish to marvel at how lyrist Mike Mills can carry off a fairly rapid flow of complex lyrics – click here. Today, I’d like Read More
Idea’s for seasonal and technical rotation
In about 2 months, we enter into the best six months “buy” season. Officially, it arrives about the end of October/early November, but you can get a buy point any time between August and early November. Some sectors are affected by seasonal trends to a greater degree than others. As the “worst six months” season Read More
Three themes for the second half
My market outlook for the coming months is relatively neutral. At ValueTrend, we tend to follow some reliable factors when assessing potential market strength. None of our quantitative factors suggest a massively overbought or overvalued market. Still, we don’t see an undervalued market either. Here are the three themes we feel are going to be Read More