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Market Commentary

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Positioning Money For The Future

As I have written so many times, this is a brave new a world of changing technologies, changing so quickly that the markets hardly can keep up. In fact, they can’t, which suggests investors need to get ahead of the market, to find out what is the next big thing to get your money into.

Okay, so there are many new “big” things to get you money into, but when you break it down fundamentally, one has to ask “What is the surest of the sure” for market plays?

Well as we all know, there are no true ...

Jan 26, 2015
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George Lindsay’s 8-year Interval

The late technician, George Lindsay described an 8-year interval as part of his 22-year Overlay . He wrote that the high at the end of the interval is often followed by a harsh 2-3 month decline followed by an approximate 5-month rally in equities.

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With the Dec 2014 high marking eight years, five months since the low in July 2006 a 2-3 month decline would match expectations for a 14-month low in March.

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A 5-month rally from March comes very close to the seasonal expectation for a high in e...

Jan 26, 2015
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THE NEXT MOVE IN THE STOCK INDICES

The stock-index futures remain above critical supports and below the recent highs .  A move above the January highs is needed in order to prove that a sustained rally is underway.  A breach of the support levels would instead shift the bias in stocks to firmly bearish.  I anticipate the resolution of these ranges in the stock indices will lead to a directional / trending move in the direction of the break.

The S&P 500 is working higher and is in the middle of the recent range above 1960 - ...

Jan 26, 2015
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S&P Futures Market Review: Looking for Support at 2023

On Friday the S&P 500 futures respected the “ceiling” at 2061 and began a correction, as expected.

As noted on Thursday, “The 2061 level has been in place for several months. It’s an area where we can expect selling to occur.”

The downside target for the correction is the zone between 2023 and 2035. As there is a decent volume peak at 2023 on the Volume Profile, that is the presumed target.

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A Note on Volume Profile

The histogram on the left side of the chart shows the volume distribution in ...

Jan 26, 2015
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SPX: We Are Living Interesting Times

It is going to be an interesting week in the US equity markets, one that may provide direction for the rest of this quarter, and perhaps for the year. By Friday we should have a better idea of what to expect.

The S&P500 cash index , closed the week at 2051.82 on Friday , a nice 32-point boost. Given the sharp correction that earlier in the month had threatened to take the market down, down, down, the Bulls were breathing a little easier by the end of the week.

But there is still cause for con...

Jan 26, 2015
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Featured Stories

More Featured Stories
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Three Questions With The Power To Transform Your Trading

There are three simple but powerful questions which can transform our trading when we ask them of ourselves consistently over time.  They are powerful because they form the basis of mental flexibility and mental agility.  Wouldn’t you like to be mentally more resilient and deft?

The three questions can be asked anytime you are preparing for trading, executing, and managing trades, or reviewing your trading results — in other words, anytime you are engaged in a trading-related activity.  The t...

Jan 26, 2015
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Look To Platinum And The PGM in 2015

Given a growing global demand for platinum, palladium, and rhodium, three of the six metals in the platinum metals group , and the increasing cost to mine platinum, we are focusing our efforts to accumulate platinum over the course of the year. PGM, specifically platinum, is an excellent store of value and it performs well as an inflation hedge.  One could argue that platinum – and the other meals in the PGM - are a better long term hedge than gold, as there are a number of industrial uses fo...

Jan 23, 2015
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Taking A Peek Inside (the) Box

The volatility roiling the broader markets has, at least thus far, kept a lid on the IPO market in 2015. To date, just two companies have braved the elements with County Bancorp and Patriot National going public on January 16.

This week, however, the IPO market will once again find itself in the spotlight as a well-known tech company makes its long-awaited debut in the public markets. Specifically, on January 22, Box, Inc. – a provider of cloud-based storage and file sharing services – is ...

Jan 22, 2015
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Expect Economic Boom In 2015

You should expect a US economic boom in 2015. All the signs are pointing to it. The economic trends are up, led by a positive outlook and forward momentum for US labor. All together, these things add up to an economy that, by many economist accounts, is growing at a pace faster than anticipated. There has been a recent slump in activity, but this is nothing more than a seasonally expected lull occurring in tandem with the end of the year and the post-holiday period.

New data is already pointi...

Jan 21, 2015
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Time Segmented Volume - The Ideal Oscillator For Automated Markets

The modern market structure employs order types that are automated, which creates different patterns on charts. This requires a different type of oscillator for the best technical analysis.

Although most technical traders are familiar with and use price and time oscillators, few use volume oscillators. Volume oscillators are uniquely different than price oscillators. Instead of signaling overbought or oversold price action, the volume oscillator provides far more valuable information about wh...

Jan 21, 2015
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