by Bret Wilson | Aug 5, 2016 | Uncategorized
Good morning. My last post included this chart, and I stated “In order for the S&P 500 to make progress and break through the current sideways trading range, it needs to move upward through the 2100 – 2130 levels (#3). So far this year, it has approached those...
by Bret Wilson | Jul 1, 2016 | Uncategorized
Well that was quick. It looks like the reaction over Brexit was rather misplaced, as the markets have rebounded nicely this week. Or as I heard a gentleman on Fox Business Network say, “Wait, I haven’t had time to panic yet.” Still, keep in mind that the end of a...
by Bret Wilson | Jun 28, 2016 | Uncategorized
Market Commentary June 24, 2016 Good morning. Because of the Brexit vote yesterday in the UK that resulted in the UK choosing to leave the European Union markets are in a bit of turmoil this morning. The US markets are down this morning, but at this point, they have...
by Bret Wilson | Feb 5, 2016 | Uncategorized
Market Summary 1-14-2016 Attempting to forecast markets is usually a big mistake. Looking back, the track record for those giving their economic and market forecasts is not very good. Occasionally someone gets it right, but the misses far outweigh the hits. So the...
by Bret Wilson | Oct 28, 2015 | Uncategorized
Markets have rebounded from their recent lows and appear to be resuming their uptrend. Below is a weekly chart of the S&P 500 (click on image). 1. Area between the two blue lines shows the long term trend of the market since mid 2009. So far we have stayed within...
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