Higher and higher it goes. Where it will stop, nobody knows. The rally has now completed its 12th week from its March 14th low, and is beginning to rival the 09/28/01 to 01/04/02 rally which lasted 15 weeks. Although it is long in the…
A weak jobs report slowed the market down today, but the rally still continued. Prudent Investors should not chase stocks at this time. Aggressive Investors and Traders should play the market up or down as they see fit. If you are “Riding the Wave,” we are short with “Worst…
A better-than-expected ISM Sevices Index report for May triggered a sharp rally in the market today. Although the market rallied again today, we remain concerned about its overextended level. Prudent Investors should not chase stocks at this time. Aggressive Investors and Traders should play the market up or down…
The market rallied late in the day to end up in the black. Prudent Investors should not chase stocks at this time. Aggressive Investors and Traders should play the market up or down as they see fit. If you are “Riding the Wave,” we are short with “Worst Stocks…
Profit taking hit the market late in the afternoon sending tech stocks lower. Prudent Investors should remain cautious at this level of the MTI. Aggressive Investors and Traders should play the market on a day-to-day basis as it develops. If you are “Riding the Wave,” we are short with…