Entries by admin

Rotation out of the tech and into financial

Last Friday’s, June 9th, 2017, decline of the tech sector continued into Monday, June 12th, 2017.  I expect the NDX to test the range, as illustrated within the red box in the below chart, before continuing higher, but not closing below the red box. The banking stocks were among the beneficiaries of the tech slump, […]

Goldman Sachs Crashes Tech FANG Stocks!

Last Friday June 9th, 2017, Robert Bouroujerdi, a Goldman Sachs analyst, “warned that the $600 billion outperformance by the 5 biggest tech stocks known as ‘FAAMG’ — Facebook, Amazon, Apple, Microsoft and Alphabet — had contributed about 42 percent of all stock market gains over the last year. Goldman worries that the boom has created […]

U.S.Bond and Small Cap Stock Soaring Together?

U.S. Stock Markets just keep going higher and higher! How much higher will they go?  I am FORECASTING another 25% higher for U.S. Stocks! The ‘bullish trend’  from the breakout continues, as expected. Breadth has become strong, once again, including a new all-time high on the SPX Advance/Decline line to match the new all-time high […]

The New Bull Market of 2017!

I cannot stress strongly enough the importance of understanding where the markets are currently technically located, with regards to different time frames and which help to guide all my trading and investing decisions. The longer that the SPX is inside a ‘consolidation pattern’ and going sideways, the bigger the ‘Break Out’. There is a very […]

Stock Market & Crude Oil Forecast!

The SPX hit new highs and will see even higher highs! Goldman Sachs, is the latest bank to publish research, to justify the current high prices of the market and its year-end SPX price target. Goldman argues that the index can head higher to 2580 in this bull market trend. The current rally continues to […]

Stock Market Fear Trading

The broad US stock market last week took a tumble sending a massive wave of fear through investors’ minds. On Wednesday May 17th the S&P 500 index plummeted 1.7% causing the fear index to jump a whopping 48% in a single session. What does this mean and what should we expect going forward? I don’t […]

The “Political Coup” Was Just Initiated In Washington D.C.!

The financial markets have already “priced in” huge tax cuts, reducing red tape regulations and a massive increase in infrastructure spending. Perhaps, the markets are now believing that the agenda is not going to occur with Al Green asking for Trump impeachment?  This could result in a significant downturn for stocks if it were to […]

Exchange-Traded Funds Make Decisions Easy

Stock Market Forecast Big Picture: The broad stock market is working through a more complex corrective price pattern. My recent forecast, as displayed in the chart below, indicates that the next leg up is toward 2500.  The market may be about to start a larger A-B-C correction to test the 2300 level to fully cleanse […]