Saturday, January 4, 2020

2019 was a very good year!

2019 was a great year for the stock market! Up 28%!!

Macrotrends has a fantastic graph showing the S&P performance from 1930.



 
 
CNN's Fear and Greed is at an all time high.


It appears we may now be in Stage 2 - Advancing. Here's a recap on stage analysis.

The Dow's 30 week moving average is showing a slight upward slope.



Can it last? That's the big question. There is a lot of Geo-policital activity. Trade wars, Iran, etc. Be careful.

Cheers to 2019 and may 2020 be another great year!

Monday, November 25, 2019

November 22 2019 - Stock Market View

The market is still on a high. All indicators are doing well.

Brokerage firms continue the race to the bottom with the elimination of fees for personal investors, driving more consolidation. Charles Schwab is set to buy TD Ameritrade who bought out Scottrade within the last few years.

CNN's Fear and Greed is in the Greed at 69.




Saturday, October 19, 2019

Stock Market Update - October 18, 2019

The DOW, S&P, NASDAQ and GDOW are all hovering just above their 30 week moving averages.  The CNN Fear & Greed Indicator is dead center.

The Equifax breach news just keeps getting worse. Using easy to guess ids and passwords is a big no-no in basic security.   

 If you're looking for a good podcast, try Afford Anything's interview with the Millionaire Teacher. 





Monday, August 26, 2019

Stock Market and Trade Wars

The on again, off again trade wars heated up last week. As of this morning they are back to off again.With the elections coming up, I don't see any resolution for awhile. We are probably in for a choppy market. All 3 major indexes cut through their 30 week moving average and could be entering into a stage 3 cycle.


Sunday, July 21, 2019

Stock Market Update: Geopolitical Fears and Fed Rates

The market edged lower this week amid news of a possible Fed interest rate lowering and a stirring up of geopolitical tension.

A look at our indicators shows all are still above their markers. The Dow might be in stage 1. Keep an eye on events.

Of interest is the hype over cannabis stocks. Good idea or bad idea? Here are some articles of interest:


Note with hype, it can go both ways Up and Down!

Monday, July 1, 2019

Market Update: Trade Truce

The market appears to be in stage 1. Over the weekend, China and the US called a trade truce. 

Bitcoin made a big rebound in May and is not back up over 11,000 after a big swing to 13,000 and another big drop. Facebook wants in on the game and has announced it will offer its own cyrptocurrency, Libra. What could go wrong?