When Might I Become “Bullish”?

In this post I would like to respond to a question that was raised in response to the final post (November 6) of my “Danger In The Markets?” series. The question raised was “What would have to occur before you considered moving bullish?” I will answer this question in the context of the general stock market …

Read more

Danger In The Markets? Part V

This is the last blog post (Part V of V) in this “Danger In The Markets?” blog series. I would like to end this blog series with another look at the daily 1-year S&P500 chart.  This chart depicts a Rising Wedge from the March lows.  As well, I have indicated a potential H&S (Head and Shoulders) …

Read more

Danger In The Markets? Part IV

The charts seen in this post are from Maurice Walker, http://thechartpatterntrader.com.  First, a daily 1-year chart of the S&P500.  The large broadening pattern  (in blue) is notable, as is the smaller one, as seen by the dotted line. chart provided by http://thechartpatterntrader.com Chart Courtesy of StockCharts.com   Here is a weekly chart of the S&P500.  Notable …

Read more

Danger In The Markets? Part II

Before displaying some charts of the stock market, I would like to post a couple of the Japanese Yen.  My comment of September 14 is relevant today: “Additionally, is it not odd, on an “all things considered” basis, that the Japanese Yen is rising at what appears to be an increasing rate?  This rise commenced in mid-2007, as …

Read more

Danger In The Markets? Part I

This series of blog posts represents a periodic Technical Analysis of the markets.  My last series of posts (5 parts) of this nature was titled “Peril In The Markets?” and started September 13.  At the conclusion of that series of posts, I wrote this blog post summarizing my thoughts: https://www.economicgreenfield.com/2009/09/17/extreme-peril-in-the-stock-market/ Although a stock market crash did not …

Read more

The McClellan Oscillator’s Performance

There are several interesting facets of the markets right now.  I will soon comment on some of them. From a stock market perspective, the performance of the McClellan Oscillator is one such facet.  Here is commentary from yesterday’s http://www.sentimentrader.com/ that I found very interesting: “Remarkably, the Oscillator hit a deeply oversold reading yesterday, nearly 2 standard deviations below its …

Read more

The “Buy and Hold” Philosophy

Here is a story from CNBC.com on September 23: “Buy-and-Hold Investing Makes A Return After Turbulent Year” http://www.cnbc.com/id/32970487 I am not a fan of the “Buy and Hold” philosophy, although I will concede that it worked (very) well, generally speaking, during the 20th Century. As far as the present and future is concerned, I wrote …

Read more