More than half of retail investors are now bearish on the market
Not surprisingly, the Association of Individual Investors (AAII) reported a spike in bearish sentiment among individual investors in the latest poll.
Read MoreMarch Macro Slide Deck- Human nature is the driver
As we entered 2020, the U.S. was experiencing the longest economic expansion and bull market in history, but that looks to have dramatically changed in just three weeks. When we…
Read MoreStill looking to human nature as a guide
As we entered 2020 the U.S. was experiencing the longest economic expansion and bull market in history, but that looks to have dramatically changed in just three weeks. When we…
Read MoreDow Jones Industrial Avg. drops into bear market
The major indices all suffered further losses yesterday falling between 4%- 6%. The Dow Jones Industrial Avg. fell into bear market territory (-20.34%) with the S&P 500 Index (SPX) is…
Read More
Tony on Bloomberg The Open this morning, 3/11/20
Watch here as Tony joins Jonathan Ferro of Bloomberg TV and a panel of guests highlight the market-moving news you need to know.…
Read MoreHuman nature and the bottoming process
We believe the August 2011 market crash and subsequent bottoming process (Figure 1) illustrates how the post whoosh market environment could play out in coming weeks and months. While all…
Read MoreBullish sentiment falls for the third week
As expected, there was further deterioration in bullish sentiment this week and now the largest percentage of newsletter writers are expecting a correction.
Read MoreA weak opening doesn’t change our view
On the conference call yesterday, I explained how the bottoming process works and used the market crash in August 2011 as an example of what it can look like. In…
Read MoreWell, that was another volatile day
After a record drop in stocks yesterday, S&P futures were trading limit up (+5%) by 7am.
Read MoreUpdate: Replay of todays call, 3/10/20, is available, dial in details are below
Below is dial in information. Dial In: 855-859-2056 Conf Id: 5381206
Read More