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!