03 Jan Stock Market Indicators – January 3rd, 2016
Happy New Year. 2015 was a great year for me. I proposed to the girl I wanted to marry – and she said yes. We will be getting married in the fall of 2016. This has brought about a whole new part of life – one of not solely focusing on what food I’m eating or what my stock market indicators are showing. It, in a way, forces a more “ignorance is bliss” mindset in those aspects of my life which, as it turns out is a good thing. Accepting things as the way they are (sometimes…not all the time) seems to reduce a lot of stress in life. It shouldn’t be always be a battle. Anyways, I’ll post more about this in other sections
Here are the latest readings from my stock market indicators.
Composite indicator is showing a very clear decline in the three recent peaks. Typically this means further weakness is coming (see the weakness in 2015 before the large decline in the Dow), but at some point, it reverses.
The medium term indicator is also neutral and showing the same weakening pattern as the composite indicator.
Short term is also neutral after two heavy selling days to end the year.