Year: 2020

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment A Prayer for the New Year The stock market has basically marked time and moved sideways for most of December, despite recent incremental closes at all-time highs. The market appears to be digesting November’s sharp gains, which came when the “Blue Wave” didn’t and may be pausing to refresh. However, the bullish sentiment is so ridiculously high that it is looking more like

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment Does the Year-End Rally Need a Santa Pause? The market experienced a dose of heavy selling (a.k.a. a Distribution Day) today. That wasn’t all that surprising given the multi-day run to all-time highs in the key indexes over the past month. But today marked the fourth Distribution Day on the S&P500 in the past 25 trading sessions. Couple that with the excessively bullish

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment The “No Blue Wave” Relief Rally Continues The stock market just completed one of its best months in history, as measured by the Dow Jones Industrials. Catching many investors by surprise, the old-fashioned cyclical and value stocks soared in November. It stands to reason as many of the industries that led the rally this month were the stocks beaten down by fear at

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment This Land Is Your Land, This Land Is My Land… America. This is our country, and we must protect it and preserve the integrity of our election process.    Proverbs 10:9 – He who walks in integrity walks securely, but he who perverts his ways will be found out. * Like it or not, many abuses from election night (and the days that

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment And The Hits Just Keep On Coming…And So Do The Ballots. In all our years we have never seen a more obvious and blatant attempt to steal an election! The actions in a few “cooked” states are deplorable and appear devoid of integrity. It is unconscionable that so many one-sided, late night ballot dumping votes* could suddenly appear (among other irregularities) and must

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment On the Verge of a Serious Breakdown? Our Current Market Outlook has been downgraded to “Market in a Correction” with a “red” light. Two of our Core Four indicators are red and two are yellow. This combination signals rising risks and a potentially dangerous outlook. As of this morning, the key stock market indexes are not holding their all-important 21 and 50 day

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment Nervousness Runs Higher as Indexes Slide Lower Our Current Market Outlook has been downgraded to “Uptrend Under Pressure” with a “yellow” light. Three of our Core Four indicators are yellow and the last is green. This combination creates a cautious outlook. The stock market major indexes are sitting right on top of their 21 and 50 day moving averages. There is also a

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment Nasdaq Confirms Dow Jones Signal, While S&P500 Sits It Out Our Current Market Outlook has been upgraded to “Market in an Uptrend” with a “green” light. Three of our Core Four indicators are green and the last is yellow. This combination creates a positive outlook. Two weeks ago, we wrote, “The correction that started almost a month ago may have run its course.

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment A Bounce and a Rally Attempt Are Under Way Our Current Market Outlook has been upgraded to “Uptrend Under Pressure” with a “yellow” light. Two of our Core Four indicators have improved to green, while one is yellow, and another is red. This combination creates a slightly positive, yet cautionary outlook. The correction that started almost a month ago may have run its

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment The Key Moving Averages Have Fallen With the breakdown under key support on Friday’s close in the main indexes at their 50 day moving averages, combined with heavy institutional selling, our Current Market Outlook has been downgraded to “Market in a Correction” with a “red” light. Two of our Core Four indicators are now red, with one yellow and one green. The correction