Last week a wild one for markets, to say the least. Today carries on that tradition. The Bear-o-meter reading that I took last week provided a simple message, in my experience: the stock market will most likely rally significantly over the coming months, but there’s also a high probability that markets will continue to experience Read More
Special report: Capitulation or continuation?
This weekend will feature an interview I did with a BNN reporter today. Tomorrow, I will be on Market Call Tonight at 6:00pm I thought I would do a super short and sweet reprint of some of the talking points revolving around todays phone interview. You can tune in to BNN tomorrow to hear even Read More
Bull, Bear, or neither?
I’m writing this before the market opens on Monday Feb. 24th. Coronavirus scares are hitting futures across the globe hard this morning. By the time most of you read this, you’ll already know what the outcome of the market will look like. So I wont comment on what is likely to happen today. I’d like Read More
Does anyone still follow Bitcoin?
While I’m in Florida preparing for the MoneyShow on Friday and my bike race on Saturday, ValueTrend’s Technical Analyst Associate Aleks Bozic put together a blog. Aleks has an interesting observation on bitcoin. Take it away, Aleks! Alek’s bit on Bitcoin Back in 2017, Bitcoin was one of the most Googled words. Now it seems Read More
One down, one to go
Two stocks come to mind when I think of the term “parabolic rise”. Apple The first crazy parabolic stock pattern has been that of Apple’s price chart. Apple has been THE stock, or at least one of THE stocks, over the past few months. Problem being, the stock went parabolic after it broke out last Read More
Bumper bowling
Traditional bowling involves a “gutter” on each side of the lane. If you throw a bad ball, your ball goes into one of the two gutters. Bumper bowling eliminates that problem. Bowl a bad ball, and your ball bounces off of a bumper that sits inside of the gutter. A ball thrown too far to Read More
Damned if you do…
The Bear-o-meter is a risk/ reward indicator. It’s a compilation of indicators falling under general classifications of Breadth, Value, Trend, Breadth-momentum, Sentiment and Seasonality. The Bear-o-meter assigns risk on a scale of 0-8. A reading of 3 or under is generally a higher risk market. A reading of 3-5 is about “average” for a risk/reward Read More
Nothing to see here, folks. Move along.
Roughly every month, I try to post the results of a compilation of financial indicators that measure the current risk/reward picture for US markets. Long-time readers are familiar with this compilation, which I call the “Bear-o-meter”. For those new to my blog: The Bear-o-meter is a risk/reward measurement against the US markets. It is not Read More
Learning to walk
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
Small capped setups
US small capped stocks may be on the verge of breaking out. The ishares Small capped Russell 2000 index ETF has been range bound since late 2018. That is, the Russell has been unable to put in a materially significant high since then. Meanwhile, the larger capped SPX index has been putting in higher highs Read More