Monthly Archives: September 2011

The good news is that the market didn’t close lower today.  The bad news is that the market barely closed higher today.  The Dow Industrials gained back 37 points to close at 10,771.48.  The S&P 500 Index rose .61% and … Continue reading →

I updated the composite long and short ETF indexes (see today’s blog) and the short index closed above the +3 standard deviation Bollinger Band: This is an extreme bear move not seen since the early August meltdown.  Wait for the … Continue reading →

European and emerging market equities markets are now in a bear market, typically defined as a drop of at least 20 percent from a peak. The only developed markets out of 24 that aren’t in bear markets yet are the … Continue reading →

The Fed announces plans to buy $400 billion of long-term Treasuries and sell an equivalent amount by the end of June 2012. The goal is to change the duration of the holdings and lower interest rates.  And this is supposed … Continue reading →

Morning gains turned into afternoon losses as the market peaked around lunchtime and then slid backwards.  The Dow Industrials still managed to put up a gain – seven points to close at 11,408.66 – but the S&P 500 Index slipped … Continue reading →

After the excellent market action last week there was a pullback today, in part due to continued worries about the Greek debt crisis.  It’s always something, eh?  The Dow Industrials retreated 108 points to close at 11,401.01.  The S&P 500 … Continue reading →

The stock market had a solid follow-through today, with the Dow Industrials adding another 186 points to close at 11,433.18.  Wishful thinking that the European debt situation is closer to a resolution helped spark the bullish action today.  The S&P … Continue reading →

While this Latin phrase is commonly translated as “fortune favors the brave,” it may also be translated as “fortune favors the strong.”  Today I’d like to talk about a method for finding the strongest ETFs.  Knowing this would have been … Continue reading →