Dear All: 1. There are 11 New Setups In This Week’s Report 2. January 2016 Media Appearances: Barrons: Stock Market Reverses To 1.4% GainSaturday, January 23, 2016 MarketWatch: These signs will mark the bottom for the stock marketFriday, January 22, 2016 Forbes: First The Icahn Low, Now The Dalio Low For StocksSaturday, January 23, 2016 Forbes:…
Housekeeping: Due to the shortened holiday week, this will be our only intra-week update. Market Update: Barring another wave of massive selling, it appears the market is trying to put in a near term low today and it looks like stocks are ready to bounce from their deeply oversold levels. So far, every rally…
Dear All: 1. We have a special report for you this week in light of the recent shellacking in capital markets. 2. Recent Media Appearances: Forbes: 1987 All Over Again?Friday, January 15, 2016 Reuters: U.S. Stocks -Wall Street sinks; Nasdaq hits lowest since AugFriday, January 15, 2016 IBTimes: The Dow Plunges Again Amid Global Market Sell-Off,…
Market Update The long overdue pullback finally arrived on Thursday after the S&P 500 came within a few points of “retesting” Aug and September 2015’s low (attached). The S&P 500 actually turned higher for the week which is a strong defensive stance in the near term. Several former leaders (a.k.a. high beta stocks) bounced after…