by Mark | Dec 22, 2017 | Market Outlook
I’m going to get a little technical on this post. I usually try to keep it simple. Gary Savage, from Smart Money Tracker, posted a long-term view of on the markets that I wanted to share with you. I will be taking excerpts from his post, excluding his views on...
by Mark | Dec 20, 2017 | Market Outlook
Here are three reasons why you should be cautious near term. We’re bumping up against a bunch of big round numbers. Dow Jones Nearing 25,000 S&P 500 Nearing 2700 NASDAQ Composite at 7000 I expect we will go through these levels before the intermediate cycle tops,...
by Mark | Dec 19, 2017 | Market Outlook
As I indicated in previous posts, we appear to be in the bubble phase of the market. It is hard to predict when this will all end, however, we will need to put in a topping pattern before this all comes to an end. You can see, by looking at the chart below, that we...
by Mark | Dec 9, 2017 | Market Cycles
I started working in the investment business in 1976 and the stock market had been in decline for the two previous years. The market continued sideways to down for the next 6 years, culminating in the 1982 bear market bottom. Not the best time to be in the market, I...
