Why the Marble Game was timely
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aAs the Phase turns or as I have written earlier this week, once the cycles begin the points of deterioration, in this case, simple physics-things in motion stay in motion-we get, well, what we saw during Tuesday’s session.
With NASDAQ …
At this point, waiting for the other shoe to drop
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As lots of damage was done last week, coming into this week, there were many reasons to expect therelief rally that Monday brought forth.
First, on a short-term basis, the relative strength indicators showed oversold conditions. Secondly, the Russell 2000s …
How the market sits in the overall phase cycle
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Many of my readers have attended at least one of the webinars we do on market phases. I begin each one the same way-talking about the cycle of EVERYTHING in nature, including the markets. I further comment that not understanding …
Wednesday night I wrote, “Watch Retail, the Financial plus Regional Banking sectors to take the lead. Then, follow that money trail. If they don’t cut it-could be the first “real” sign that the market needs a serious correction.”
Real alright, …
Low volatility on drawdown now mainly cash. a good thing
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Typical to see a market bull run (like the one we have had since 2013) in anticipation of an improving economy, only to see the market sell off or run out of steam once the evidence emerges to support that …
Good times, bad times, all about controlling risk
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