Archives: Current Market Outlook

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment Don’t Look Now, but New Highs for 2023 The stock market is doing the unthinkable: it’s going up in the face of severe worries and persistent threats. As we have been stating in our past few posts, the market was showing remarkable resiliency in spite of serious “news” headwinds.  To make the point, we posted this just last week… “We get it. Some

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment Seriously Concerned, yet Properly Hopeful What if your favorite sports team went 2-14 in their last 16 games? That would stink. It might even test your patience as a fan. You would no doubt be concerned, but based on your years of loyalty you’d probably remain hopeful. If you’re a “bull” and a stock market fan that is one way of explaining what

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment Death and Taxes Happy tax filing deadline day! They used to say, “There are only 2 things certain in life; death and taxes.” While the odds are pretty good that we will all die (it’s a 1 out of 1 chance unless you were Elijah or Enoch), not every American pays taxes apparently, at least income taxes. I recently saw an article on

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment Is a Turn Near? As of the close, March 28th, with the SPX at 3,971.27, our signal was upgraded to a yellow light. The subtle (under the surface) improvements in the market’s technical indicators have moved our C.M.O. to an improved condition. Our Current Market Outlook has been upgraded to “Uptrend Under Pressure” with a yellow light. Our “Core Four” (see top of

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment Can We Just Call it Orange? Too bad traffic lights don’t have orange in their sequence. The natural outcome of blending red and yellow is, of course, orange. And that is theoretically where our C.M.O. finds itself as of today’s close. Currently red but so close to going yellow! If I hear another person say that tomorrow’s Fed rate decision is probably the

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment Financials: A Harbinger of Things to Come? Last Friday we posited that stocks generally don’t go higher as rates rise when we wrote, “Higher interest rates and a rising stock market generally don’t go together, at least not for long. Remember the old adage “When rates are high stocks will die; when rates are low stocks will grow” in our last post? No

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment “If the Market Doesn’t Do what it is Supposed to Do…” Our team often uses one of our very own market axioms, “If the market doesn’t do what it is supposed to do, it ain’t gonna.” Simply stated, we take historical outcomes and compare them to current technical & fundamental conditions to develop a mathematical set of expectations for each day – the

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment The Moment of Truth, Again The moment of truth for the bulls has arrived. A significant move from here is likely in short order. “Up or down?” you ask. We will soon find out. The math of the market has been pushed to the brink with this morning’s action. This is where the institutions execute their real intentions. If indeed the market is

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment Marna and the “Big Short?” That title sounds like a children’s book, doesn’t it? But it’s anything but that. Today’s post is more of a sector analysis than a general market condition bulletin. Although, they are tied together somewhat. The healthcare sector looks sick. (Isn’t that ironic?) By that we mean the stocks in the health care group overall are trading in a

The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment …And Back to Yellow We Go Our Current Market Outlook has been downgraded to “Uptrend Under Pressure” with a yellow light as of 2pm today with the S&P500 at 4,104.18. Our “Core Four” (see top of page) sports 2 green and 2 yellow lights with a rising VIX. Two days ago we asked, “Can a strong uptrend and a constrictive Fed coexist for