I always like to look at the positives and the negatives and adjust my investment levels accordingly. The current positives: 1) The major indexes are strong, they are all above their key moving averages, and there’s very little distribution. 2) Seasonality. November and December are two traditionally strong months. We also have a regular cycle [...]

Some members have asked about my longer and shorter-term views on the market. Longer-term, I am bullish for the following reasons: 1) This seems like a normal consolidation after the strong run we’ve had off the bear market bottom in March. In this video, I compare the market’s current consolidation to ones we’ve seen after [...]

It was a strong week for the markets and nice to see the major indexes get back above their 50-day moving averages. Overall, the volume for last week’s increase was stronger than the previous week’s decline, which is a bullish sign. I have a feeling that in hindsight, we will look at the market’s recent [...]

As I’ve mentioned in many videos, whenever there are mixed signals in the market, I will always lean towards the defensive side until we get a clearer picture for two main reasons: 1) The best traders throughout history always preach defense and 2) I will always look to protect members whenever there are potential warning [...]

I’ve discussed the warning signs over the past few videos and the market continued to show weakness this past week. We saw three more distribution days and many of the growth leaders are breaking down below their 10-week moving averages. I’m not going to get overly bearish but I’m definitely going to remain defensive until [...]