My Thoughts on the Market

So far, July has not been very bullish. We have been stuck in a range for over a month and the market has not decided which direction to go. The NHNL is neutral and the… 

Over the last 20 years, July is the best trading month of the year. There is no reason that won’t hold again this year. After July, the market normally has a couple questionable months and… 

The market is normally bullish around the 4th holiday. I don’t expect this year to be any different. It is similar to the Christmas rally. Lower volume and less resistance to move higher. Still packing… 

I have not had much time to trade and probably won’t until August when the move is over. Just paying attention to what is going on and trying not to make a hasty trade. The… 

Interesting market. It pulled back the last couple weeks and appears to be ready to move upward by the end of last week. I am still extremely cautious given how over valued the market is… 

I am always entertained by the explanation pundits give about why the market is doing something. In the morning, the market was dropping because the job numbers were too good. By the afternoon, it was… 

The market resumed marching upward after it consolidated for a couple days. It is staying in a pretty narrow range on the hourly chart. The uptrend still has to be respected at this point. It… 

Overall, the market is up a little for the week. On the hourly chart, it is very clear the market is really stuck in a tight little range. No idea who wins this one. The… 

I am inclined to think the upward trend is about to resume. Friday started with a rally, flattened out and ended with with market close to where it started. Most of that price action is… 

The market was down the last couple days and rallied today to bring itself back to even for the week. This is a typical consolidation pattern after a big run. The market is down in…