Entering a Bullish Time of Year
September is over and the market looks like it is getting primed for another healthy move upwards. Seasonally, the next three months are bullish. No reason to think this year won’t be any different. The…
September is over and the market looks like it is getting primed for another healthy move upwards. Seasonally, the next three months are bullish. No reason to think this year won’t be any different. The…
The market still cannot find a direction. I am skeptical of the long term bull market trend. The Shiller PE ratio is still sitting at all time highs. It is certainly not a timing indicator,…
On the hourly chart, the S&P 500 has broken it’s range it is played in since the end of August. It tested the waters on Thursday and Friday of trying to go lower and failed…
The market ended the week on a positive, but failed to hold the highs of the day. Near term support sits at the 7630 level. The 2-hour chart below does a good job of showing…
The two hour chart does a good job of showing the market stuck in a range for the last month. The last few times the market has done this, it normally does not last more…
September is historically the weakest time of year for the market. That does not mean it will be weak this year. Although, it is quite possible it will start that way. Bearish divergences are showing…
The market pulled back most of last week, but ended with a modest gain. It has been trading in a range the last couple weeks deciding what it wants to do. Normally, I would assume…
It is nice to be able to do more trading now that the move is done. It took way longer than I thought it was going to. The market is entering a historically weak period…
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…