It’s been a stellar couple of weeks. We nailed market direction, and we nailed a number of stocks that went nuts. Last week I said the current upside was likely to continue but was not unlimited. This week there are mixed signs in terms of how long this run continues. I’ve mentioned that it was […]
The good news is that we once again nailed the short-term market direction, and our nuggets from last week performed very well. While there is the typical battle between ‘permabulls’ and ‘permabears’ as to whether the bottom is in or this is just a bear trap, we’ll stick to what has served us so well,
On Wednesday the market tanked, and yesterday it rallied… What to do?! It looks like the last couple of weeks’ commentaries still hold. There is a defiance within this erratic market behaviour that suggests short term upside but with medium term fragility. Most of the stocks highlighted today will be of a bullish nature, but
The market is wanting to rise in the short term as earnings season begins in earnest. Last week I posed the question of whether this will end up being a bear trap and suggested not to try to think too far ahead. The same applies this week. JP Morgan announced yesterday, and good revenue numbers
Last week’s title was “Next Leg Down Just a Matter of Time”… Well, it only took a few days didn’t it?! That’s been the tricky part of this market. Getting direction right has been reasonably straightforward for us. It’s just been the WAY in which it’s happened that has been more difficult to pin down.
Last weekend’s Summit went wonderfully well. Feedback overwhelmingly confirms it was by all accounts our best yet, and we’ll be going many steps better for the Miami Bootcamp in April. In the past few days, the S&P and IWM once again had vertigo around their 200-dma levels. Whether there’s one more push up remains to
