Last month the US stock market enjoyed a rather impressive price rally, rocketing approximately 9% for the month. Just prior to this, the news headlines were questioning how sound the markets were, even going so far as to quote several people who claimed it was going to crash. Now they [...]
Let’s begin this month’s update by looking at the past. The S&P 500 Index from 1942 through 1951 consisted of three trends. The first was a rising trend (#1) into 1946. The second was a sideways trend that consolidated prior gains through 1949. The third was a rising trend (#2) [...]
Several years ago, my wife took our youngest son to the mountains of North Carolina to play in a travel soccer tournament. The tournament consisted of three games played over two days on three different soccer fields. Everything was going fine until her phone GPS stopped working on the way [...]
I hope everyone who reads this had a very enjoyable summer. I didn’t write a July update because I was consumed by some new investment revelations that I needed to research further. I’m more excited today about the long-term investment potential of the BLUE LINE INVESTING® Investment Process than when [...]
Seeing we are in the middle of summer and many people are on vacation, this update will be kept brief. For the past few months, I have been showing the possibility of a sideways trend within a rising trend. With last month’s price advance, I believe the secondary sideways trend [...]
