Tag Archives: weekly cycle

Where is the Euphoria?

One of the world’s most successful mutual-fund managers, John Templeton once succinctly summed up the mass emotions in different stages of the stock market as: Bull markets are born on pessimism, grown on skepticism, mature on optimism, and die on euphoria.  The market is near all time high, yet the sentiment is very negative as the skepticism is bountiful about the many issues that have held the stock market hostage for the last 20 months.

Read more ...

This Is It!

The much anticipated trade deal is here.  It is only a partial deal, which the White House has said many times before that a partial deal was not acceptable.  What has changed?  Both sides have changed a lot for various self-serving reasons.  The stock market and the 10-year treasury yield were at a critical

Read more ...

Calm Before the Storm

On Thursday October 3rd, the percentage of S&P 500 stocks fell below 10-day moving average reached 3.39%, which was an extreme oversold condition.  The market bounced immediately after the extreme condition was met briefly, but with weak volume on all indices.  The administration was leaking trade talk hope while the market was rallying on Friday morning.

Read more ...

S&P 500 Cash Index Cycle Location 09272019

Last Friday there were news about the administration considering delisting the Chinese stocks.  The market  sold off immediately, but it managed to climb back off the lows around 3pm.  The market has been really resilient against the headline risks in September.  Is it the calm before the storm or is it because the funds are being considerate of the quarter end closing?

Read more ...

Technical Rotation or Breakout?

In the last few weeks, value stocks have out performed the momentum growth stocks.  The rallies in value stocks made an appearance of a healthier looking market.  With a broader participation, is the market ready for a breakout? Or is this a purely technical rotation?

You need to login to view the rest of the content. Please . Not a Member? Join Us

Read more ...