Saturday, July 18, 2020 Broader Market Review Just trading the Entries and Exits I provide every week on the Dow, S&P 500 or Nasdaq would make a small fortune. This requires a bit of screen time but well worth it. Just in the last two weeks the Nasdaq Entry (6/29) and Exit (7/9) produced over $65,000 had you traded 1,000 shares of the 3X leveraged technology ETF (TECL). Just sayin'. Nasdaq Longer term, my broader market forecast remains the same; a choppy summer with heightened … [Read more...]

July 11, 2020 I've got to quit watching the news. It's making me crazy. I try not to get political here but what's going on in our country today has got me all hot and bothered. It's like someone pulled back the curtain on all our institutions and revealed how inept and cowardly our so called leaders are. Where's the Wizard of Oz when you need him? We've got some people running the show who are in desperate need of some brains and courage. Broader Market Review Nasdaq has just ripped hi … [Read more...]

Sunday, June 28, 2020 The Dow, S&P 500 and Nasdaq have all followed my forecast down into the nearest Buy Zones (green entry circle). These are critical inflection zones that need to hold over the coming days. If they begin to fail and start breaking down below these important support levels it is likely we will see Dow 23,000, S&P 2800 and Nasdaq 9675 sometime in July. If they hold and we begin to reverse higher here and cross over descending blue line resistance I would expect a r … [Read more...]

Friday, June 19, 2020 I read this week that 20% of investors sold ALL of their stock holdings during the Corona Crash! OUCH!! Can you imagine? Now they have 20%-30% less money than they had, they missed the recovery and they are unlikely to re-enter any time soon and when they do it will probably be right before the next big correction. Unfortunately, that's just the way the market works to fool people. I didn't sell one share during any of it. I did trim a very tiny bit of underperforming … [Read more...]