Was That The Bottom... Or Just The Beginning Of The Abyss?
The market action lately has been wild enough to make your head spin. While some are calling a bottom, my analysis of the monthly charts tells a different story - one that suggests this selloff could just be getting started. Here's what's keeping me up at night: How the "selective selling" we're seeing now could…
The Bears Are Set to Clean Up in This Sector
I love saving money as much as the next guy, but sometimes “discount” is not synonymous with “bargain.” That’s especially true of stocks. We’ve seen interest rates come down a bit over the last few weeks, which naturally has the talking heads talking up things like homebuilders, real estate, and real estate investment trusts (REITs)…
Selling Rallies Is the Path to Profits Here
We got a 1.5%-ish rally this afternoon. After a sloppy start in the morning, by about 1:45 PM or so, stocks were going up with no looking back. Not that it was all gravy; some of the biggest stocks out there are down big-time for the past five days. In fact, I’ve got to be…
The Pressure Eases for U.S. Stocks, But Be Careful…
The bulls took out some key technical lows today, and, as of this writing, shorts are getting squeezed in a lot of places. Crypto has been very volatile over the past few days, even after Trump’s announcement of a “strategic crypto reserve” consisting of a few select tokens. At the same time, the greenback is…
Something Wicked Is Coming - Here’s How to Get Ready
On February 18, 2025 I walked through a signal I got back on Valentine's Day… The signal indicated a 5% to 10% correction in the market. How did I arrive at that figure? It's simple. The selloff was of the severity you’d typically get following the signal given. Now, expecting a correction is one thing,…
Wild Swings and Dark Signals in an Edgy Market
The other day I showed everyone just how on-edge the markets really are. It’s very dicey, at least for buy-and-hold bulls. (For us, it’s dynamite; we made 254% on our SPX butterfly) Now, after the NASDAQ tanked yesterday, you might be thinking, “Hey, we’ve had a selloff. The worst is over. That’s the bottom.” And…
When Bad News Isn’t: 10 Great Stocks In Two Sectors
Over the past few weeks, we’ve looked into disparate corners of the economy and come to the conclusion that… It’s complicated. There are signs of trouble ahead, like economic slowdown and resurgent inflation, but also signs of strength, like healthy demand - at least in some places. Today we’re going to look at two mixed…
The Market’s Right on the Edge of the Abyss
I’ve been pounding the table about the volatility “box” stocks have been pinballing around since the 2024 election. The “box” is just a 200-point range, basically. It’s between two critical levels at 5900 on the lower end and 6100 on the upper. We’ve poked our heads above that 6100 level about five times, including one…
The Market’s Gone Risk-Off - Here’s What’s Next
You don’t have to be a seasoned stock technician that reads charts in their sleep to be able to sense something has changed in this market - and, depending on your point of view, not for the better. The folks following along with me in TheoChat got warning of this on Friday, when our model…
Here’s How to Spot a Market Bottom
Last week I revealed present market conditions that suggest a 5% to 10% decline in the S&P 500 in the next 30 days. And during a daily session, I showed everyone a portfolio hedge for stock positions - and a VIX trade to capitalize on a VIX move above 20. Here we are, a week…