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Showing posts from January, 2017

January 28, 2017 – Weeken Market Comment

January 28, 2017 – 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 bookmarkinghttp://cme4pif.blogspot.ca/. For full details read my disclaimer (link at the bottom of this page).

After weeks of close calls, the Dow made history on Wednesday by blowing past that key level for the first time ever. The Dow climbed 156 points to 20,069 and was joined in record territory by the S&P 500 and NASDAQ.  The historic milestone leaves the Dow up more than 1,700 points since President Donald Trump's victory in November. The achievement is evidence of how optimistic investors have become about the prospects for the U.S. economy.

Here is what our charts say:


CLICK HERE: To see the 100 and 200 series charts


101 Bull Bear Bull market (dark green over red)  the dark green 50 day average is in a firm uptrend.  NOTICE THE SLOPE (second window…

January 21, 2017 – Weekend Market Comment

January 21, 2017 – 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 you know I could not get enough bandwidth last week to post my comments but nothing much happened anyway. The market is in a sideways trading range. However next week might be much more interesting...



Here is what our charts say:


CLICK HERE: To see the 100 and 200 series charts



101 Bull Bear Bull market (dark green over red)  the dark green 50 day average is in a firm uptrend.  NOTICE THE SLOPE (second window), we might be at the end of the uptrend, a very long term uptrend. Bull market -- expect bullish outcomes.
103 NYSE High Low Market Forces Breadth is still with us, don't panic yet. Nothing but strength. 
105 Non Farm Payroll Lots of jobs…

January 07, 2017 – Weekend Market Comment

January 07, 2017 – 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).

The 10 year treasury yield ($TNX) tumbled on Thursday, dropping more than 8 basis points to close at 2.37% - its lowest daily close since December 7th's 2.35% finish.  The sudden interest in treasuries could have been the result of a weaker-than-expected monthly ADP employment report, or perhaps the awful retail news from both Kohls (KSS) and Macy's (M).  Then come Friday the market roared ahead in the final hours - the lesson here, bull market expect bullish outcomes.


Here is what our charts say:


CLICK HERE: To see the 100 and 200 series charts



101 Bull Bear Bull market (dark green over red)  the dark green 50 day average is in a firm up…