Archives: Current Market Outlook

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment Rotation, Rotation, Rotation / Fight! Fight! Fight! Everyone knows the three most important words in real estate are: “location, location, location!” Well, in the stock market it appears that the three most important words are “rotation, rotation, rotation!” And if you think about it, they are very similar. “Location” is where everyone wants to be now, and “rotation” is where institutions are going

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment The Debt Clock Remember back when we used to hear a lot about the “Debt Ceiling?” At certain times in history, it was all over the news and you couldn’t get away from it. Truth is many Americans believed there was such a thing and that it mattered. They even hoped Congress would respect it and stay under it. Now before you laugh

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment The Declaration of Independence Question: Do they have the 4th of July in England? Answer: Yes, it comes between the 3rd and the 5th. Now what if the question asked, “Do they celebrate…?” What a difference one word makes! The same is true when discussing the Declaration of Independence. Several years ago, our Triumphant team made a declaration of independence when we transitioned

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment Another Big PCE Number is Coming on Friday If a week without a big economic release or a Fed meeting would seem rather unusual now, this week won’t disappoint. Brace yourself for “another big PCE number” on Friday (insert YAWN). Be careful! The moment most participants get bored with key economic releases is the moment they matter the most. Complacency should be a

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment At New Highs: Caution is Warranted / Happy Father’s Day, Dad? Our Current Market Outlook is “Uptrend Under Pressure” with a yellow light (the last signal change was at 10:30am on 05/29/24 with the SPX @ 5,277.66). Our Core Four improved slightly this week to 2 green and 2 red lights. The VIX remains well under its 50-day mav – a short-term positive While

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment Hurricane Season Starts and the World Awaits Powell Our Current Market Outlook remains “Uptrend Under Pressure” with a yellow light (the recent signal change came at 10:30am on 05/29/24 with the SPX @ 5,277.66). Our Core Four improved slightly this week to 1 green, 2 yellow and 1 red light. The VIX traded back under its own 50-day mav this week and remains low,

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment The Downgrade Happened / Thank You Lord for Grandpa Brooks Our Current Market Outlook was downgraded to “Uptrend Under Pressure” with a yellow light as of 10:30am on 05/29/24 (with the SPX @ 5,277.66) as seen on our Linked-In and C.M.O. posts that day. While the S&P500 and Nasdaq indexes are still holding above their 50-day mav’s, the Dow Jones Industrial Average has slipped

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment Near a Downgrade to Yellow / Thank You to those who gave it All A “follow-through day” finally happened on the 18th day of the rally attempt on May 15th confirming our C.M.O. signal upgrade to green on the prior day (05/14). Higher volume showed up on those back-to-back days, too. Our Current Market Outlook remains “Market in an Uptrend” with a green light

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment Up on Higher Volume with No “Vertical Violation” Means “Green” Skies  Volume finally showed up yesterday and on an up day! Last week we wrote, “Up volume is to a bull market in stocks what oxygen is to your lungs. Without it, you can’t last for long.” This morning the sub-peak pattern we wrote about has been negated and the market is beginning

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment Will this “Subpeak” Lead to a “Vertical Violation,” aka Crash? Where, oh where, can the volume be? That was the original title of this post but the potential for an eminent sharp price decline in the stock market necessitated the new title. Up volume is to a bull market in stocks what oxygen is to your lungs. Without it, you can’t last for