Is the Correction Here? What it can Mean…..

Just a quick look this morning as the market looks to be completing a short term top. I will discuss how we got there in a later post. A quick look at a point and figure chart for the S & P 500. From the 1640 level there are 8 boxes in the count and since it is a...
Taking a Look at Market Cycles

Taking a Look at Market Cycles

There appears to be a tug of war going on with the markets. One day we’re up 100 points or more and the next were down 100 points or more. The short term trend line has been challenged a couple of times but has held so far. The markets appear to be preparing for...
The Trend is Your Friend

The Trend is Your Friend

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....

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