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Showing posts from September, 2016

September 24, 2016 – Weekend Market Comment

September 24, 2016 – Welcome to my weekend market comment, an analysis tool I use in my own portfolio decisions, published free to the web every weekend before the New York opening bell. You can read the latest version each week by bookmarking http://cme4pif.blogspot.ca/. For full details read my disclaimer (link at the bottom of this page).

Well as predicted last week the buy the dip crowed bought the dip.There was a low volume pull back on Friday. There are some postive signals, the percent of stocks above the 200 day averge is holding up. Retails and consumers are not as strong as I would like to see. Industrials are running out of steam too.  But there are some new signs in the market and they are concerning... lets see what the charts show. 















CLICK HERE: To see the 100 and 200 series charts




101 Bull Bear Bull market (dark green over red) and now the short term (light green) is up. Notice our long term indicators dark green 50 day and red 200 day are leveling off, not that that means m…

September 17, 2016 – Weekend Market Comment

September 17, 2016 – Welcome to my weekend market comment, an analysis tool I use in my own portfolio decisions, published free to the web every weekend before the New York opening bell. You can read the latest version each week by bookmarking http://cme4pif.blogspot.ca/. For full details read my disclaimer (link at the bottom of this page).

Well did you miss me? Yes there was no post last week, I was unable to get to an Internet connection. What a week to miss, the markets have corrected and we are now at a point where our oscillators are saying, "oversold" and the market is a bargain, and our trend indicators say that this could go on a while more, as they are bound to do. Lets look at the charts and try and put in our best guess. 


CLICK HERE: To see the 100 and 200 series charts


101 Bull Bear Bull market (dark green over red) and now the short term (light green) is sharply down, Also the dark green looks like it is also now started to pull back meaning this could be a bigger …