Friday morning look
The S&P 500 (SPX) Futures are limit up 5% this morning. Wow it felt great to write that. Over a week ago I told our sales team the market would…
Read MoreFed action fails to calm investors
The major indices suffered steep, steep losses today. The S&P 500 Index (SPX) and Nasdaq joined the Dow Jones Industrial Avg., closing in bear market territory.
Read MoreOne economists take on today’s Fed announcement (in English)
What the Fed just announced according to my friend Chris Low – the economist from FHN Financial:
Read MoreMore 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 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 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 MoreREMINDER: Conference Call TODAY, 3/10/20, for ALL subscribers 2pm EST
Below is the information for today's call. Dial In: 866-439-6461 Conference ID: 5381206
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