Last week, I discussed using the VIX and derivative analysis of the VIX to predict market direction. This week, I’m going to hammer home this concept. Why? Because it’s telling me a story that may give me an edge and confidence in my directional...
How can we tell when the market is primed for further recovery? Are there any indications that this initial buying is going to continue, or should I be looking for reasons to sell the bounce and play for further market downside? When I see a situation like we...
Is it time to panic and sell? Is it time to be rational but still sell? Or is now one of those repeated buying opportunities that we all regret not taking advantage of a week after the selloff? In order to get a better understanding of what part of the...
Where is the market trend? When I look at the broad market, it’s difficult to see a clear trend in the broad market. Every rally seems to be followed by a sell-off. Every sell-off seems to be followed by a rally. This is what they call a stock-picker’s...
It has been just over a month since it happened. It may have been subtle to many or even most at the time, but now, a month later, what happened a month ago is risking a reversal. Once again, this move is starting off by looking a bit subtle, but when we dive...
Tuesday was not a good day for the market, particularly tech stocks. What happened and what am I expecting to see happen next? First, let’s talk about what just happened to tech. With a report that Apple iPhone sales fell 24% in China, which followed a $2...
The market just keeps plugging higher. Is it wrong? Every time we see a higher-than-expected inflation number, it seems that the market gets scared. Financial media starts discussing the possibility of fewer rate cuts, and slower potential growth as a...
What a start to the week! After a very bullish run in the market to end last week, Tuesday’s CPI number put a real wrench in the rally, causing a 1.5%+ pullback in tech and more than a 4% pullback in small caps. These kinds of moves certainly illustrate why it’s...
The market continues to show how resilient it can be. Whether the FOMC decision has a few questionable sentences or a large company like Apple has less-than-perfect earnings, the market overall continues to find a way to keep going higher. As I watch the market...
The market continues to show firmness, particularly from the tech sector. However, there are sectors showing minimal gains, and others showing weakness. So, with tech continuing to lead, what’s next for the market and what sectors am I focused on now?...