Bull Market Reset?

Are you concerned about all the market volatility this week?  Are you worried that this bull market cycle has lasted too long? What if the post-Great Recession business cycle ended long ago, and this is the turbulence before the next big market run? I think it’s likely that the bull market ended in late 2015Continue reading “Bull Market Reset?”

Where is the market headed?

The markets are behaving, with the S&P500 consolidating around the expected baseline of 1950.  (See previous article Sep’15:   S&P500 resets from 2100 to 1950  ) I suspect the worst isn’t over yet and prices will move lower in the coming weeks or months.  Overleveraged Energy/Commodity sectors haven’t capitulated and global trade remains shadowed by overcapacity.Continue reading “Where is the market headed?”

Support at 1850- avoiding BEAR market for now

Today all the major indexes gapped down and although they recovered off their intra-day lows, it was still UGLY.  The Russell 2000 is trading at bear market levels and it has wiped out three years’ worth of gains over the past couple weeks. The S&P500 has managed to close above 1850 which is my delineationContinue reading “Support at 1850- avoiding BEAR market for now”

It Doesn’t Always Come Back

Today the S&P500 closed near support at 1850, which is my delineation between the likelihood of a Correction or a full blown Bear market (see:  https://www.investablewealth.com/correction-or-bear/   ) Have we reached a bottom and this is a good time to “buy the dip”?  I have no idea, but I do think it’s encouraging that the Russell2000Continue reading “It Doesn’t Always Come Back”

It’s all about EARNINGS

Want to know where the market is headed?  Ignore the talking heads. It’s all about earnings (see below chart).  The stock market is correlated to corporate earnings, it’s that simple.  Sometimes it lags, sometime it leads, but over the long term they march together in lock step. So if you want to know where theContinue reading “It’s all about EARNINGS”