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 [...]
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 [...]
A client recently expressed concern over what she was hearing through the media, and how the stock market could drop by 40% if certain circumstances came to pass. My response was simple and straightforward: Ignore the media and people’s opinions. Pay attention to what the market is suggesting instead. This [...]
In last month’s update, I illustrated the three primary trends that almost every publicly traded investment experiences throughout its existence. The reason I believe it is imperative to have this understanding and awareness is because investment profits result from aligning our investment decisions, and strategy, with the prevailing trend in [...]
