Stock Market Commentary 12-18-2018

Fed Meeting Tomorrow Tomorrow the Fed meeting takes place and the outcome could have a significant impact on the stock market. In early 2016 the Fed backed off their hawkish stance and the S&P 500 rebounded and trended up into January of this year around 35% (See...

Market Summary December 6, 2018

As I mentioned in my last post, the current lows of the S&P 500 are still above the lows we saw last February. To begin a downtrend we would need to begin seeing lower lows and that has not happened so far. That could certainly still occur, and the probabilities...

Market Commentary – November 27, 2018

Consolidation or Higher Highs, Higher Lows? As I’ve mentioned before, there are times when the stock market goes through periods of consolidation, meaning that it moves sideways for a period of time. In the chart below this is illustrated in the time frame of...

Market Commentary 8-21-2018

I closed my last post by writing that I thought there was more evidence to show that we have moved out of a long-term consolidation phase and into a long-term uptrend. Today we will look at information that supports that idea by first looking at The Value Line...

Market Commentary 8-16-2018

Summer is almost over and as we head into fall, let’s take a look at how the major U.S. indexes are performing for the year and also in the 3rd quarter so far. YTD Return from 1/2/2018 Qtrly Return from 7/1/2018 S&P 500              5.65% 4.06% DJI          ...