Sunday, March 1, 2020

February 2020 Stock Market Update

The coronavirus COVID-19, is front and center this month as the stock market reacts to spread of the virus across the globe. Depending on what you read it's either time to panic or everyone is overreacting. The US is starting to see negative impacts and unfortunately some deaths. CNN update.

The CNN Fear and Greed indicator is at the lowest I can remember seeing it.



All of the Stage Analysis Indicators are now in the red. We most likely are entering into stage 4. StockCharts Graph Link.





Saturday, February 1, 2020

January 2020 - Stock Market Update

January is feeling some pressure from the Coronavirus which originated in China and is making its mark. This chart from the CDC shows the current nCOV locations.

World map showing countries with 2019-nCoV cases 



At this point, the market is still doing well but showing signs of some breakdown.  CNN's Fear & Greed is now in Fear after spending many weeks in the Extreme Greed side of the dial.

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!