Weekly Market Update: Positive Territory

The market is still showing strength. Looks like 2017 should end up being a good year.

Interesting news:

• CBOE opened futures trading for bitcoin this weekend. There were a couple of hiccups with the website but the price of bitcoin is doing just fine.
• As of this morning, bitcoin is at the 16,879 level.

Weekly Stock Market Update: Continued Uptrend

All the indicators are back in the green, save the dividend ratio on the Dow which is probably no longer going to work in today's environment.

Interesting news and articles:

• Holy Cats Batman! Bitcoin is now at $12,000
• Rotation out of FANG into Banks could signal a change
• Is complacency a warning sign the market is headed for a correction?
• Olive oil is really good for you! Make sure you get real olive oil! My favorite is California Olive Ranch.

Weekly Market Update: Still in an uptrend

Stocks were down for the week, however, the major indexes are still above their 30 week moving average.


Of interest this week: 

• Tesla revealed a new electric semi-truck. 
• BitCoin is at the $8,000 mark. 
• Market Sentiment is blah. 
• Mushrooms are full of antioxidants - eat 5 a day! or you can try drinking them!

Weekly Stock Market Update: A Wee Bit of Clouds

This week 2 of the indicators flickered into red territory: the Dow and the NYSE both finished down for the week. The NYSE 52 week high/low differential has been negative for the last 5 weeks, albeit not by much. The NYSE advance-decline has been down the last 3 weeks. All other indicators are still in the green.

This week's tidbits:

• CNN's Fear and Greed indicator moved into neutral for the first time a long while. 
• The BitCoin hardfork is canceled apparently due to controversy. For more read the bitcoin.com story.
• Powell named the new Fed Chief.

Stock Market Update: Sunny

The market continues to rise. It has been so steady it's boring.

Some stories I found interesting this week:

• MarketWatch - Undervalued Stocks
• Bloomberg - Bitcoin takes over gold in search terms
• Investopedia - SalesForce and Google join up - getting bigger and bigger

Stock Market Update: Still Moving On Up

Market indicators are basically positive.

• In the news, BitCoin hit a new high.
• A new Fed Chair is in the works.
• Tax Reform - what if is doesn't pass?

Stock Market Update: Bull Market Continues

The bull market continues. Here are some good articles I found this week:

• DecisionPoint Weekly PMO Buy Signals
• AI Becomming so Popular it's Ineffective
• The Stock Market's Relentless Surge is Becoming Ludicrous

Stock Market Update: Sunny Weather

The trend is still positive. Bad news takes the market down a wee bit, but so far it continues to climb back up after a couple of days.

I keep waiting for the shoe to drop and for a bear market, but perhaps this article over at Financial Sense is correct. A September correction is probably not in the cards.

The Stage Analysis indicators are still in an uptrend! 

Weekly Stock Market Update: Stage Analysis

The market seems to want to continue in the upward path it has been on for awhile. Many of the pundents and stock news sites are predicting impending doom. They might be right, but for now I believe we are in a Stage 3 Uptrend. Look at the chart below and you'll see the pattern. The Dow and NasDaq charts look very similar.

For a recap on stage analysis, look at my earlier post here. 
 

Weekly Stock Market Update: Some flashes of Red

This week two indicators flashed red with a significant volume. The NYSE Advance-Decline and the differential between new highs and lows on the NYSE both went down this week. In addition, the major indexes are starting to edge closer to their moving average lines. It's time for caution and we are due for a correction. Gold is showing some signs of strength.

Weekly Stock Market Update: Some Fear Enters into the Market

For the first time in months, the NYSE Advance-Decline has flashed a significant negative signal with 1,966 more declines than advances. It's been in positive direction with minor divergences all summer long. The major indexes were also down this week, but none of the indexes breached their 30 week moving average lines. Gold has been moving higher too.

The CNN Fear and Greed Index moved into Fear this week. See their write-up here.

This could be a blip with a return to upswings this week. For now the trend is still up but we should keep an eye out to see if any of the negativity sticks.

Weekly Stock Market Update: Steady

The market continues to be in an upward trend. The Dow comparison to the NYSE has been flip-flopping between green and red, but the variations are so small I would say it is flat. No real catalysts at the moment.

Weekly Stock Market Update: Indicators are Green

The indicators are green this week as the market keeps its upward climb. CNN's Fear and Greed Index is back in the greed area. Frothy is back.

The McClellan Report has an interesting article on this presidential cycle vs. the "normal" cycle.

 

Weekly Stock Market Update: Bubbly anyone?

Markets continue their steady, some would say complacent, upward climb. Two indicators showed some flashes of red. The Dow vs. NYSE High-Low Advance-Decline stats, but not dramatically. There have been some interesting discussions about a possible ETF bubble in the works. It seems more and more people are investing in ETF's rather than individual stocks and more and more new ETFs are being issued.

Weekend Reading List:

• The Felder Report has a nice article and podcasts covering the topic. 
• Financial Times - Record Breaking 2017 for ETFs Fuels fears of stock market bubble
•  Bloomberg - Bizzaro World

Follow your rules, checklists and trend. So far the trend is intact.

Weekly Stock Market Update: All indicators are green

The trend continues to be up. All indicators are back in the green.


I have been itching to sell some of my stock, but will stick to the plan. Investing without a plan is a bad idea because emotions are not logical and you can end up leaving money on the table if you listen to your emotional brain instead of the logical brain that built the plan!

Yahoo Finance has a very interesting interview with MIT scientists Andrew McAfee and Erik Brynjolfsson on their Yahoo! Presents Finance podcast.

Erik also has a popular TED talk on the topic, The Key to Growth? Race with the machines

Strategies to survive? Creativity and emotional intelligence.  Interesting ideas. I think it's hard to predict the future. Always keep learning!

Weekly Market Update: Sideways

The market ended mixed last week. Three indicators are in the red with the Dow performing better than the NYSE. That is a defensive sign as the DOW is blue chips with stability. It's possible we are going to move sideways for a little while.

Some interesting reading:

• DecisionPoint Weekly Wrap 
• Dr. Wish is looking to see what happens with QQQ this week. Will the uptrend continue or will it break down?
• Fear and Greed index is at neutral
• Investor's Business Daily (IBD) - a look at the week to come and stories on Amazon's purchase of Whole Foods and the DOW moving up. 

Let's see what the charts tell us this week.

Weekly Market Update - Tech Stocks Pull Back

This week we saw the NasDaq pull back. Two of the indicators went red:

1. NYSE AD vs NYSE 52 HL Differential
2. Divergence: DJIA vs NYSE A-D 

Dr. Wish has a nice post about the pull back. Bloody Fridays often lead to Bloody Monday Opens.

Let's see what happens today. Honestly, we are due for some sort of pull-back. That's why I like protective stop losses and calculating risk prior to entering into a position. 

Weekly Stock Market Update: Full Steam Ahead

Stocks continue to advance and all indicators are green, with the exception of the dividend ratio on the Dow, but I think that indicator may need adjusting for the era we are in with low interest rates.

If we take a step back and look at the markets from a macro view and use the 10 month moving average (MA) compared to the 30 month exponential moving average (EMA) on each of the major indexes, we can see a nice picture of where we are. When the 30 EMA crosses over the 10 MA it is bad news, however it the shorter term MA is above the longer EMA, then it is good news. You can see we've been in good news territory for awhile. 

This can be a great tool to signal when to get out and when to get back in. Look at the circled cross overs in the chart of the DOW.

From an emotional perspective, it feels like we are in overbought territory, but until the indicators change, I am in.

Weekly Stock Market Update: Uptrend with some signs of Weakness

The market signals continue to be positive for the most part. The NYSE and Dow both threw signals of possible weakness this week, however, the market has been shrugging off any negativity in the last couple of months so we need to wait and see if the trend will continue.

Have you seen the debate about avocado toast? I find the whole debate rather amusing and I think in some cases people are missing the point. The point being it is very easy to spend a lot of money on small items that when you step back and look at the cost from an annual basis, can add up to a sizable sum. In this case, I don't think it's fair to pick on the millennials. I see a fair number of people from my generation (gen-x) spending money every day on breakfast and lunch, and beer and wine. Yes, we own homes but we were not saddled with the amount of college loan debt as our children. In our case, we are putting off retirement or not saving for retirement with our daily purchase of breakfast and lunch, easily $15 - $20 a day.

My advice? Follow David Bach's approach. Save first with an automatic transfer, then allocate a set amount for important things like catnip! Be choosy, don't blindly spend all your money on silly stuff. This applies to all of us, not just millennials. Now, you'll have to excuse me, I'm going to make some avocado toast. Yum.

California-Avocado-Toast-Three-Ways

Weekly Stock Market Update: Continued Uptrend

With the exception of the NYSE vs. Dow, the indicators are continuing in their upward trend. 

Scott Galloway has this very interesting analysis for FAAG on youtube in his talk titled Oligopoly of FAAG (Facebook, Amazon, Apple, and Google) in Media, Advertisement and Tech.


All four are in a stage 2 accumulation stage. Are they taking over the world?

Weekly Market Update: All trends are positive

The indicators are all positive. The market wants to go higher. Let's look at each.  As you can see they are all in positive territory and appears to have shrugged off the little, teeny-tiny dip from last week.

http://www.barrons.com/public/page/9_0210-trddiary.html

Weekly Stock Market Update: Climbing the Wall of Worry

With the French election fears appearing to abate, the stock market rallied yesterday. All my indicators, save the interest rate, are still green. This could be a bounce.

 

Weekly Stock Market Update: Caution Continues

The major indexes are inching down towards their 30 week moving average lines. The market could be entering into a pause and possibly a correction. CNN's Fear & Greed Index is now at Extreme Fear, and the VIX just broke above its 30 week moving average line. See this chart.

Weekly Market Update: Caution

All the indicators are technically still green but there are some hints of a correction coming as the major indexes are approaching their 30 week moving average lines. We will look to see if they breach those lines in the next few weeks.

Finviz has some neat heatmaps on their site. It's a great way to see how the market is doing if you like visual tools. I love visual tools!

Weekly Stock Market Update

Stocks continue their upward climb. All indicators are up.

Some possible Stage 2 candidates include:

• VRSN - VeriSign, Inc.
• HD - Home Depot

Weekly Stock Market Update: Mixed

It seems there is a lot going on lately. The Health Care Bill didn't pass and it should be interesting to see if politics have an affect on the markets in the week ahead.

It's been awhile since we looked at the broad market indicator readings. At the moment, we have 3 negative and 5 positive. Possible signs of slippage are beginning to emerge, however, it is too early to predict a down market. Caution is the word of the week.

This Barron's chart of the Dow Jones Industrial Average (DJIA) vs the NYSE close who's both indexes were down this week. They've been showing some weakness over the last 3 weeks.


CNN's Fear and Greed Index went into Fear territory this week as well.

Weekly Stock Market Update: Fear and Greed Index

The indicators are largely all positive. The stock gurus are worried about a correction. We certainly feel overdue for one. However, so far the stage analysis is still showing we are in stage 2, accumulation.

CNN has a great indicator they call the Fear & Greed Index. It's been in Extreme greed and just plain old greed the last few weeks. Check it out!

 

Stock Market Update: Flying High

The market is flying high! All the indicators seem to be screaming green. As much as my intuition says this is a top, my job is to follow the indicators. The top could last for awhile and in the meantime we should take advantage of it.

Look at this chart from Barron's. It looks extreme.

Some interesting stocks and ETF's this week are Proctor & Gamble (PG) and HealthCare ETF (XLV). Good for the watch list. Their moving averages need to turn up.

Stock Market Update: Holding Pattern Continues

Still in a holding, sideways pattern, waiting to see what the new administration might bring.

Some stocks of interest are: SWKS - Skyworks Solutions who reported good earnings,
CTXS - Citrix in anticipation of earnings. XLK -  Technology Sector Spider looks interesting as well.

Stock Market Update

Wait and see. That's my current approach. I think the president elect may have affects on the market so I am not in any individual stock. Things are too unpredictable at the moment.

Andrew Horowitz at The Disciplined Investor  has been calling Mr. Trump Twitter-in-Chief due to his propensity to tweet. This week Toyota's stock felt a little bit of an impact from one of those tweets from Trump. The stock reacted with a drop of .7% on the intraday chart. The stock did recover later on in the week and this was a minor blip for Toyota, but it is interesting none the less.

 

It should be an interesting year!