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Showing posts from April, 2017

April 29, 2017 – Weekend Market Comment

April 29, 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).

Stocks followed through this week with small-caps and large-techs leading the charge. Large-techs and QQQ have been leading the market all year. Small-caps were lagging the market from January to mid April, but turned it around the last two weeks as the S&P SmallCap iShares surged to a new high.

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 flattening uptrend.  NOTICE THE SLOPE (second window), we might be starting another new slope upward.Bull market -- expect bullish outcomes. ! 103 NYSE High Low Market Forces Breadth lines are firmly up…

April 22, 2017 – Weekend Market Comment

April 22, 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).

Wednesday's rally was quite bullish with leadership coming from the small cap Russell 2000 ($RUT, +1.24%), financials (XLF, +1.69%) and industrials (XLI, +1.21%).  All three of those led the huge rally back in November and December - on an absolute and relative basis - so continuation of that earlier relative strength would bode well for U.S. equities.

There was no follow through on Friday due to, I believe, it being options expiration day, which tends to dampen volatility and keep prices steady. The direction is basically sideways.  U.S. stocks held mostly lower in choppy trade Friday as investors looked ahead to the French election. Wall Street als…

April 15, 2017 – Weekend Market Comment

April 15, 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).

Stocks posted their second straight weekly decline in a holiday-shortened week, as investors digested bank earnings and as tensions with Syria, North Korea, and Russia, along with a bombing that targeted ISIS on Friday, prompted some unease in the markets. While the year started out with very modest volatility, it's realistic to expect periods of higher stock price movements, underscoring the importance of balance across sectors and asset classes. Overall, the backdrop for stocks remains mostly favourable, supported by improving economic growth expectations and earnings growth.
Here is what our charts say:


CLICK HERE: To see the 100 and 200 series cha…

April 08, 2017 – Weekend Market Comment

April 8, 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).

U.S. stocks advanced Friday after an early session of switching between small gains and losses, as investors weighed a weaker-than-expected March employment data and President Donald Trump’s late Thursday airstrike against Syria. The Labor Department report showed that the U.S. created just 98,000 new jobs in March, marking the smallest gain in almost a year, as hiring cooled. Many economists had predicted a 185,000 increase in nonfarm jobs.

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 mig…