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...
The Darlings of the Bull Market – FANG

The Darlings of the Bull Market – FANG

A good part of the reason that the markets have been on such a run can be traced to a few mega tech stocks. They are collectively called FANG. Facebook, Amazon, Netflix, and Google make up this group of stocks. This will be a picture post, showing how their prices...
Thoughts on Mexico and the Peso

Thoughts on Mexico and the Peso

Inflation in Mexico has been trending down since 2017 when it was running at about 6.5%, the outlook for 2018 appears to be around 4.9%. This is odd, in that a cooling off in inflation usually is followed by lower bond yields. The 10-Year Government Bond in Mexico is...
The Coming Market Correction

The Coming Market Correction

The Markets ended this week showing a little vulnerability to the downside. Sometimes it’s important to look at some of the broader indexes. Let’s take a look at the Russell 2000, an index that measures the performance of 2000 small cap companies. There is...
Weekend Report – Markets and Peso

Weekend Report – Markets and Peso

It’s been awhile since I’ve commented on the markets, but for a reason. In my last post on the markets, I indicated that the bull market was not over yet. The movers in the market, FANG (Facebook, Alphabet, Netflix, and Google) were ripe for a correction....
Mexican Peso Update

Mexican Peso Update

The year started off very strong for the Mexican peso, by the end of January, the peso had soared more than 5 percent. No other currency in the world, save Norway’s krone, was hotter than the Mexican peso. (The Columbian peso was equally as strong as the Mexican...
Another Correction in Stocks?

Another Correction in Stocks?

There was a time, prior to early 2016, when most of the market indexes were moving in sync. However, in early 2016 the market’s leadership narrowed somewhat. The driving force for the markets became more dominated by technology companies and semiconductor...

Pin It on Pinterest

Share This