Year: 2020

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment The Waiting May Be Over The massive amount of rapid US Govt. stimulus and backstopping assurances have been making themselves felt in the stock market over the past few weeks. Good news has come from the President’s Administration, the Fed, the Treasury Dept, and Congress in the form of stunning measures designed to infuse cash into our economy and stave off a depression.

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment The Waiting Game In Ecclesiastes we are told in select verses from chapter 3, “There is an appointed time for everything. And there is a time for every event under heaven- a time to tear down and a time to build up. A time to weep and a time to laugh; a time to mourn and a time to dance. A time to

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment America’s 4-Lettered Word- DEBT Make no mistake about it, America is intoxicated with debt. Actually, by many counts, our society is drowning in it. Not all American citizens, mind you, as many follow biblical principles that strongly discourage the casual use of debt. Unfortunately, our cultures addiction to it doesn’t just reside on a personal level. The US Govt. debt, state and municipal

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment The Crash of 2020: A Classic 1-2 Punch A “1-2 punch” is a common idiom in the US and other countries that means a decisive blow that is initiated quickly and requires two consecutive attacks. The first blow, the “1”, leaves the opponent vulnerable enough to finish the opponent on “2”, except it must be quick and decisive. Source quora.com The American stock

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment Mr. Market: Why 2K? After a 2 day bounce that ended last Wednesday, the Covid-19 induced correction picked up right where it left off. The surprising news of an oil price war by Saudi Arabia caused a breathtaking waterfall across the entire equity complex, and slammed the main indexes through their Feb 28th lows ending the nascent rally attempt. The Dow Jones Industrial

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment Watching For An Oversold Bounce With the stock market now in a correction, does the Fed have a vaccine? Maybe. At least the footprints of money may think so. And as a result, we think a bounce is eminent. Our Current Market Outlook remains “Market in a Correction” with a “red” light. Our Core Four has improved with a move in the investor

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment Market correction has taken hold. Will the virus cause a recession?  As a result of today’s action, our Current Market Outlook has been changed to “Market in a Correction” with a “red” light. Our Core Four has moved to a red signal with 3 red, 1 yellow, and no green. (See above)  The stock markets long-term uptrend is under assault. Massive selling pressure

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment Mauling Bears Bury Market Today’s stock market featured additional professional selling that was almost severe enough to change our Core Four to a red signal. (See above) As a result of Fridays action on the Core Four, our Current Market Outlook was changed to “Uptrend under Pressure” with a “yellow” light. (See 10:30 am post from earlier today) The massive selling pressure and

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment Additional Distribution Causes Downgrade The stock market on Friday experienced additional professional selling which tipped our Core Four (see above) and caused a downgrade in our signal. As dictated by the present readings of our “Core Four”, our Current Market Outlook is now changed to “Uptrend under Pressure” with a “yellow” light. This morning (Monday) the market is under massive selling pressure as

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment Economic Data Looks Hot. Bonds Say “Not”! The stock market continues to rise like the coffers of Presidential hopefuls. Yet, a curious divergence is developing in the action of the much larger, and generally wiser, bond market. While the economic data being released almost daily continue to paint a rosy picture, that darned old inverted yield curve, like the weeds beginning to pop