Year: 2016

After an impressive post-election rally by the SP500 and the Dow Jones Industrial averages (thanks in large part to a massive move in bank stocks) our Current Market Outlook changed to a “Yellow light” this week and is now classified as “Uptrend Under Pressure”. This signal tells growth investors that the current stock market environment has improved and suggests that investors could begin to carefully deploy capital back into the market. However, in spite of

With the S&P 500 closing 11 out of the past 12 days under a key support area and the Nasdaq closing under its key area again today on increasing volume, the markets rally has faded and makes the Current Market Outlook a “Red light” and continues to be classified as a “Market in Correction”. Making matters worse, volume was higher than the prior day for a third straight session. Significant declines in higher turnover are

The market is testing a key technical indicator. The S&P 500 index is testing its 50 day moving average. It’s currently under that level, which warrants caution. Watch for a large gain on strong volume within the next few days. That could set the market up for a renewed uptrend.  Have a Triumphant day! ®  The information in this article is based on data obtained from recognized services and sources and is believed to be

The market has slipped into a correction and our light is now “Red.”  Have a Triumphant day! ®  The information in this article is based on data obtained from recognized services and sources and is believed to be reliable. Any opinions, projections or recommendations in this report are subject to change without notice and are not intended as individual investment advice. Not to be used as legal or tax advice. ©2016 Triumphant Portfolio Management, LLC.

Our Current Market Outlook has changed to a “Green light” and is now classified as “Market in Confirmed Uptrend”.  Have a Triumphant day! ®  The information in this article is based on data obtained from recognized services and sources and is believed to be reliable. Any opinions, projections or recommendations in this report are subject to change without notice and are not intended as individual investment advice. Not to be used as legal or tax

After 3 days of significant gains on increasing volume and an upward key technical price violation in the main US stock market indexes, the Current Market Outlook has changed to a “Green light” today and is now classified as “Market in Confirmed Uptrend”. This signal tells growth investors that the current stock market environment has turned positive and suggests that investors can begin investing capital back into the market. Please note, however, that we are

8am EDT Brexit update: The world markets are showing significant declines in the wake of the Brits vote to “leave” the EU. As a result, and as we suspected last night, the US Dow Jones Industrials Average is indicating a down 500+ points opening. We have seen these types of violent market moves before in the past and we have learned that this type of overreaction eventually brings opportunity. We will be diligent to work

A 10:50pm EDT “Brexit vote” update: The “Leave” camp has an early lead and world markets are in a tailspin. US Dow Jones Industrials Average futures show a loss of 397 points. It is still early in the vote counting process and things could be radically different by the time our markets open on Friday morning. If things stay as they are (or worsen), the large cash positions we currently have in our various TPM

5pm EDT “Brexit vote” update: Start brewing some coffee and prepare for a long, eventful night. The “Brexit” vote is being counted and early results are leaning towards “Leave” and an eventful (read: volatile) day tomorrow. Interestingly, stock markets in the US advanced today in the hopes/expectations of a “remain” vote in the UK. It is still very early in the vote tabulating process. We will be monitoring this for our clients throughout the next

The markets came under selling pressure this week. Most notably the Utilities sector was hit hard with institutional selling on Wednesday & Thursday. Additionally, many of the larger more popular Nasdaq listed stocks came down on increasing volume after earnings disappointments. For more information please visit our website at www.triumphantpm.com  Have a Triumphant day! ®  The information in this article is based on data obtained from recognized services and sources and is believed to be reliable.