After six months of price decline, the S&P 500 Index finally experienced a price rally during the month of July that now has the media ablaze. I have even read headlines that suggest a new bull market began in June. I’m sorry to say, but the “old” bull market still [...]
Over the past month the S&P 500 Index (and much of the rest of the stock market) made new price lows. So far, a pattern of “lower highs” and “lower lows” remains intact which is typical during declining stock market trends. The chart below at the far right shows where [...]
In my April 2022 update I introduced a new potential declining trend channel, identified by two downward sloping red-dashed lines. Over the next three weeks, the S&P broke down through the lower, red-dashed line as the stock market decline continued. Then, during the final week of May the market staged [...]
Several months ago, Dale Gillham made the comment above while hosting me on one of his Talking Wealth podcast episodes. Ever since, I have wanted to write an article to illustrate its relevance. Today I will do so using the ARK Innovation ETF (Exchange-Traded Fund) that was launched in late [...]
Last month I posted an update to my Special Report that was published in early January of this year. I highlighted four potential scenarios using technical analysis to show what the US stock market patterns might be pointing to for the months ahead. I called them: The Good, The Bad, [...]
