One of the biggest positives in the market right now is that there’s very little distribution. This is important because the big institutions control the market and they are not showing any consistent signs of selling. As I mentioned in last weekend’s video, the Nasdaq Composite had 3 distribution days recently (July 13, 21 and [...]
In last weekend’s video, I discussed the positive and negative signs in the market. So far this week, many positive signs have improved. Specifically, there’s no distribution so far this week, many of the leaders have firmed up around their key technical levels, and the Fed reiterated its easy monetary policy today. That’s why I [...]
In my Educational Product, I produce videos twice a week with market analysis and stock ideas. I also conduct regular Stock Screening Webinars. Here are the first 16 minutes of the one hour and 20 minute Webinar I did for Members on Sunday. If you are looking for regular real-time market analysis, stock ideas, and [...]
FYI, I discuss the general market to start the video and get into the screening around the 18:45 minute mark. To access this content, you must purchase a membership.
Right now, I could discuss many reasons to be bullish and other reasons to be cautious. Whenever there are mixed signals like this, I’m always going to lean towards the defensive side because I want to do my best to protect people. In other words, I would rather be safe than sorry. The biggest positive [...]
The positives continue to outweigh the negatives in this market. The leaders are acting well, the major indexes are still above key levels, the Fed is on our side, and there’s very little distribution. The major thing that stuck out to me while going over my screens tonight was that many of the leaders are [...]
To access this content, you must purchase a membership.
In my Educational Product, I produce videos twice a week with market analysis and stock ideas. Here is a clip from this Weekend's Video. Please keep in mind that I will not regularly update this blog with my current market thoughts. I am just trying to give people a feel for the type of detailed [...]
As I mentioned in the MidWeek video, when there are mixed signals in the market, I will usually lean towards being cautious and being patient until we get a clearer picture. The mixed signals right now is that many growth leaders dropped quickly on Monday (down 5-10%) but the major averages are all still above [...]
Right now, there are mixed signals in the market. The major averages are acting well but, beneath the surface, many of the growth leaders are potentially starting to correct. The positives include all the major indexes are above their 10-week moving averages, there’s little distribution, and the Fed is on our side. The negatives include [...]