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.
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I read the tape, not the news!
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.
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.
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!
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, December 9, 2019
Stock Market Update: December 6, 2019
The market continues to ebb higher. CNN's Fear & Greed is at Greed.
Indexes are also doing well. Here's a look at the S&P over at Stock Charts.
So far a big change from last December.
Indexes are also doing well. Here's a look at the S&P over at Stock Charts.
So far a big change from last December.
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.
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.
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!
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:
- Motley Fool 3 stocks worth considering
- Motley Fool - extraction companies may be a better play
- The Disciplined Investor - podcast with CLS Holdings
- Meb Faber - article of The Cannabis Theme
Note with hype, it can go both ways Up and Down!
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