From my January 2022 update: “…when price rose above this channel after the first quarter of 2021, history suggests one of two likely outcomes. First, price could continue rising higher for the indefinite future. Or second, price could fall back inside this channel and eventually drop to the lower, green-dashed [...]
Last month I stated, “You can’t find what you’re not looking for.” What I meant by that is many people I talked with going into the end of 2021 seemed to expect a continued rising stock market for as far as the eye could see. And for many of them, [...]
This update highlights what I believe is the current stock market trend (i.e. rising, declining, or sideways) as well as the type of risk that may be looming on the horizon (i.e. price, channel, or trend correction). Please refer to my book Protecting The Pig for additional information (Price alert [...]
This update highlights what I believe is the current stock market trend (i.e. rising, declining, or sideways) as well as the type of risk that may be looming on the horizon (i.e. price, channel, or trend correction). Please refer to my book Protecting The Pig for additional information. According to [...]
Happy New Year! This statement seems to have a more significant meaning this year, wouldn’t you agree? The US stock market, as measured by the S&P 500 Index (S&P), finished the month of December 12.2% above the Blue Line, compared to 11.0% at the end of November. Please refer to [...]
