Year: 2022

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment Is Taiwan Next? As the stock market continues in its new found trend lower, we smell a rat. Sure looks like the “smart money” knew early on something was up. Take a look at the price of Natural Gas futures a month ago. Out of nowhere they skyrocketed and nearly set the energy complex on fire. (Pun intended) Of course, we now see

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment A Major Move is Near The charts of the stock market’s major indexes are giving a visual look of a coiled spring. The recent price and volume violence has settled down, for now at least, but appears to be gearing up for a significant move- and a new wave of price and volume violence. We would love to sit here and tell you

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment A Funny Thing Happened on the Way to Zero Investors often fall victim to their own minds (emotions) in several ways. One specific area is in the form of extrapolation: To infer or estimate by extending or projecting known information. Once a waterfall price-panic is in motion, our minds (with the help of our eyes) often assume the worst. As silly as this

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment Sell the Bounce Over the past few days, the stock market’s oversold condition did usher in the bounce we expected. This type of countertrend action is normal after a severe drop in a new downtrend. As of today’s close, (SPX @ 4,589.31), our Current Market Outlook was downgraded to “Market in a Correction” with a red light. The “Core Four” shows 2 red

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment Bounce Watch The stock market’s oversold condition is likely to usher in a bounce in the coming days. Friday’s big price reversal (although on lower volume vs. the prior day) kicked it off heading into the last day of the month/first day of the month in-flows combination today and tomorrow. At today’s open (SPX @ 4,431.79), our Current Market Outlook was upgraded to

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment Brace Yourself Last week the stock market’s weakness grew as the bulls had little or no ammunition to ignite a snap-back rally and drive prices higher by “buying the dip.” The market’s character continues to change… for the worse. Our Current Market Outlook has been downgraded to “Market in a Correction” with a red light as of the open this morning. Our “Core

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment Happy New Year! And Happy Anniversary? Welcome to volatility 2.0. Or maybe better said, Happy New Volatile Year 2.022. While the year-end Christmas rally delivered on its promises, Scrooge seems to be saying, “Humbug. Christmas (year-end rally) is a humbug.” The past years market buzzwords of “sector rotation,” “bifurcation” and “cross-currents” remain, and “in full vigor.” But new terms are being added that