Things are getting wild out there. Animal Spirits Released! You cannot lose money in the stock market – each day a new rumor of a trade deal with China gets floated and the Fed promises to create more new debt-notes. As most of you who have been following me for a while know, I like…
Here are the latest readings to my proprietary stock market indicators.
Ultra short term is neutral Short term is slightly overbought Medium term is neutral Long term is neutral
The Indicators are showing a bit conflicted information. Overall, the medium term indicator could most definitely turn lower and it’s an odd confluence of a record high S&P with a fairly oversold medium term indicator. The medium term indicator typically should bottom with S&P bottoms. The internals are detached from the majors.
Here are the latest readings from my stock market indicators. Caption beneath each image and summary at bottom. In summary, due to the conflicting readings from most of the indicators, it is not a great time to enter the market. For a short term entry, last week’s extremely oversold UST indicator provided a decent buying…
Ultra short term is oversold. Short term is oversold. Medium term is neutral. Plenty of room to fall. Long term is neural. Plenty of room to fall.
The Ultra Short Term Indicator is currently showing neutral levels. My short term indicator is nearly oversold. Its decline has been fairly controlled. Medium term is overbought and is currently declining. Long term indicator finally made it back to neutral after this nine month rally. this is a lagging indicator and the lack of breadth...
So you feel like a bag of assholes when you roll out of bed? Or your back feels like you’ve been sentenced to the life of Sisyphus? We’ve all been there. So immediately you think let me roll up to the Urgent Care for a “steroid” shot – obviously. The such sweet sorrow of needle…
Last post’s guidance still stands. This isn’t looking like a low risk time to buy. Wait patiently for the next opportunity.
Hey all, here are the latest readings from my proprietary stock market indicators. So how do I interpret the tea leaves as they currently lay? S&P is entering a seasonally weak period from Mid September to Mid October. Liquidity issues are being addressed by the Fed before anything “bad” has even happened in equity markets….