With all the emotional euphoria surrounding the continued rise in the US stock market, we thought it beneficial to share one theory, that if correct, could warn the market may be within 3% of a temporary top. To be clear – we are not calling a top, nor do we [...]
Stock market trends are like a rollercoaster. The ride up begins slow and steady, rising higher and higher until the peak. But after the peak the ride turns down with a decline that can be fast and furious. The US Stock market continues to press higher and higher destined [...]
“Those who cannot remember the past are condemned to repeat it.” This quote from the Spanish philosopher, essayist, poet and novelist George Santayana came into clear focus in recent months for investors in GE common stock. Excluding dividends, GE is down over 40% year-to-date. By any standard this is [...]
In our recent BLI Market View, published November 3, 2017, we commented on how the current stock market seems to be “behaving” similarly to 1995. In this article we will illustrate what we meant by that statement. Before proceeding however, we want to make one clarification. The “Blue Line” [...]
THE LINE IN THE SAND We believe the line in the sand for the U.S. stock market, as measured by the S&P 500 Index (S&P) is 2,125. We believe it is imperative that this price level hold on a weekly closing basis in order for a price rally to [...]
