Dow Up 500+ Is the Correction Over?

Dow Up 500+ Is the Correction Over?

While I indicated that the bull market is still in place, I had expected a little more pressure on the market. We may see some profit taking after today’s big rally. I believe that today’s action confirms that we were just seeing a correction, a scary one...
Weekend Report

Weekend Report

As with most intermediate declines many people panic and look at worst case scenarios. However, this doesn’t appear to be an end of the world event. In a bull market, intermediate cycle lows, are just profit taking events. And in a bull market, we always end up...
What’s Coming Next for the Stock Market

What’s Coming Next for the Stock Market

If we look that the S & P 500 we can see that we have broken the intermediate trend line. I mentioned this possibility in my October 6th post, though the crash scenario played out rather than a more gradual decline. The intermediate cycle should bottom any time...
We are Getting the Correction – Down 800+

We are Getting the Correction – Down 800+

We are getting a sharp correction today. Most of the indexes are now closing in on their intermediate trend lines. We should get a bounce soon. October can be a nasty month! I’ll have more tomorrow, but here is a look at what is happening. The Semiconductor...

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