by Mark | Jul 30, 2014 | Market Tops, Trends
I have recently mentioned my concerns about stock market valuations. We are currently just 20 points away from the all time S & P 500 high of 1991, yet what have the markets been telling us over the last few weeks. On June 9th the S & P 500 was at 1955 and...
by Mark | Jul 9, 2014 | Comments on the Market, Trends
It’s been close to six years since the Federal Reserve began its unprecedented experiment with monetary policy and nearly every asset class is starting to look overvalued. So, how did we get here? The Federal Reserve was facing the threat of a serious depression...
by Mark | Jun 6, 2013 | Market Outlook, Trends
Now comes the hard part, trying to identify the nature of the correction that we will go through if in fact there is going to be one. The point and figure count at the 1565 level gives a price objective of 1705 to 1730 and the S & P 500 reached roughly 1690. This...
by Mark | May 23, 2013 | Charts, Trends
It’s hard to believe that the stock market has been trending upward for over 4 years. The S & P 500 bottomed on March 9th of 2009 at 666 (the numerical symbol of the Devil). The index recently hit 1687 which is an increase of 253%, not too bad for 4 years....
