Ultra short is oversold again. Short term is neutral. Likely just lagging the rally from early last week. Medium term is oversold. Long term is neutral to slightly overbought.
Ultra short term surprisingly hasn't reached levels from late 2018 yet. That said, very oversold. Short term is oversold and nearing 2018 levels as well. The biggest surprise is given how swift this move is that the medium term indicator really isn't even close to being oversold yet. This is typically my best indicator for...
Ultra Short Term is slightly below neutral. Short term is neutral and has performed weakly since mid-2019 given the S&P's performance. Medium term is neutral, but again has remarkably weak performance lately. Typically, but no always, this behavior precedes a significant decline. The little train that could: this long term indicator broke out of a...
Here are the latest readings from my stock market indicators. Nothing too telling right here.
Ultra short term has broken down to new recent lows. Short term slightly below neutral. Medium term is slowly building a coil slightly above neutral. All recent highs fail to confirm S&P strength. This lagging indicator is finally starting to reach back into overbought levels. Oddly in hindsight it did a pretty good job at...
Here are the latest readings from my proprietary stock market indicators. Overall it’s not a great time to be buying. However, that is not to say that stocks will not continue upwards until something changes. It’s just now is not like December 2018 or 2015.
Happy New Year. Here are the first readings from my proprietary stock market indicators. Be sure to also check out the Macro Indicators as I recently updated the page.
Hey everyone. Hope your 2019 was enjoyable. Here are the latest readings from my proprietary stock market indicators that correctly identified a tradeable bottom last December. It’s becoming clear that fundamental measures of the economy don’t matter as much to stocks as the expansion of the monetary base does. After the monetary base shrank in…
It’s definitely not a high odds buy point, but people will chase performance and stocks are going up.
Ultra short term is slightly oversold Short term is neutral Long term is neutral.
