Archives: Current Market Outlook

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment What Does the Fed Know? Our original title was going to be “Now that was Political.” Of course, that is in reference to the Fed’s 0.50% interest rate cut last Wednesday with just less than 50 days to go until the election. Historically, the Fed tries to stay out of politics and will make its moves well before or wait till after the

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment The Market’s Next Direction? It’s Debatable Our Current Market Outlook has been upgraded to “Uptrend Under Pressure” with a yellow light as of 2:30pm today, 09/11/24, with the SPX @ 5,518.19. While the Nasdaq continues to trade under its all-important 50-day mav, the S&P500 has moved back above its 50-day mav (so far). The bulls are trying to stop the decline and rally the indexes

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment An Early Fall?  I love the colors of autumn! I’ve heard certain reports predicating an early fall this year. Early or not I just hope it is a visually brilliant and elongated one. More color and for longer! The stock market “fall” appears to be showing up right on time, though. Historically, September is not good for investors’ wealth. Now I get it:

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment Leaves Aren’t the Only Things that Fall in September/October Welcome to September! What a beautiful time of the year! Cooler temps, bonfires, pennant races, sweatshirts and football games – all a part of a wonderful new season: Fall. But historically leaves aren’t the only things that drop in autumn- stocks often do too. First things first: Friday’s trade during the last half hour

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment Is the “Powell Put” in? What is a “put?” Simply stated: a financial instrument intended to limit downside price risk. With his Jackson Hole speech last week, Fed Chairman Jerome Powell appears to have effectively put a “put” in under the stock market in the form of future interest rate cuts in the event of softening corporate earnings (and falling stock prices). Why

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment Up: At Least Temporarily In our last post we posed the question: Where do we go from here? The stock market, which is in the middle of a new rally attempt, is answering the question and it appears to be “UP, at least temporarily.” Our Current Market Outlook was upgraded to “Uptrend Under Pressure” with a yellow light as of the close yesterday

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment Where do we go from Here? The stock market is in the middle of a new rally attempt and is waiting for an official “follow through day” (FTD) to confirm the new rally. Long time readers of this post know that not all FTD’s work. In other words, just because a FTD happens and confirms the new rally attempt, it does not automatically

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment Opposite of Fed day, Indeed As posted on our C.M.O landing page yesterday, “our Current Market Outlook has been downgraded to “Market in a Correction” with a red light as of 11:00am on 08/01/24 with the SPX @ 5,487.80). Our Core Four has 1 green and 3 red lights, with a VIX that is surging above its own 50-day mav.  The S&P500 and

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment Biggest Fed Meeting Ever? Some are saying that tomorrow’s Fed decision has the potential to be huge. Maybe the biggest meeting ever… at least since the last time it was the biggest. We don’t know about all that, but we do agree that a lot is at stake this week. Can the Fed cut rates right before an election and not look intentionally

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment Say it isn’t so, Joe We are grieved for the American people. Our nation deserves better than this. The leaders on the DNP (as well as their minions in the press corps) have done a grave disservice to not only their party but to the American people at large. Our election (selection) process shouldn’t be run as a high-drama game or an overly