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BREXIT is Indeed Hurting UK Economy, But…

Data out of England shows that the BREXIT vote is clearly having an immediate impact on the economic picture in the U.K. However, from the market’s perspective, this is being viewed as a signal that…

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Bulls Have Earned a Rest

There is little doubt that a fair amount of the recent rally has been based on expectations for further …

wall street bull

It’s a New Bull Market

Don’t look now fans, but it looks like we’ve got a new bull market on our hands. While there are still lots of reasons to fret, the objective indicators suggest that the stock market is about to get fun again…

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Time To Take a Break, But…

After making new highs in five of the last six sessions, many analysts believe that it is time for the bulls to take a break. However, once the obligatory test of the breakout zone is finished, we feel…

Traders Pointing to Screens

A Good Overbought Condition

The bulls have put on quite a show of late, leaving the bear camp pounding the table that stocks are due to “go the other way” very soon. However, it is important to understand that sometimes…

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Time to Pick a Side?

There are two clear camps regarding the outlook for the stock market at the current time. On one side of the aisle there are the bulls, who contend that the recent breakout is…

trader nyse pondering

Still Skeptical of the Rally?

If you find yourself skeptical about the sustainability of the current run for the roses in the stock market, you aren’t alone. Frankly, one can’t be blamed for expecting the current run for the roses to…

nyse traders

The Good/Bad News of New Highs

First the good news. The DJIA, S&P 500, and Mid-cap indices all closed at new all-time highs yesterday. In addition, most of our trend and internal momentum indicators are green…

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Time To Uncork the Champagne?

After more than a year of ups and downs, which some contend included a “mini” or cyclical bear market, …

Traders discussing

Is a Breakout In the Cards?

With the economic picture having brightened a bit after the latest jobs report, the question of the day is if the bulls will finally be able to breakout of the longstanding trading range…

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