Is It A Baby Bull?
The start of a new bull market? ITM Special Update We have had the signal – the 10/200 golden cross. It’s debatable whether there is enough whitespace between the SMAs (see the arrow) but there is definitely some. If you want to wait a day or so to make sure that it has really crossed […]
Is The Bear Dead?
Is The Bear Market Dead? Well, it is certainly not looking too healthy! It looks from the chart below that though we may get a golden cross this week. That is a ‘may’. We’ve been here before in August and November, and each time it turned out to be a bull trap and the down […]
This Bear will NOT behave!
ITM Special Update 11 Jan 2023 This Bear will just NOT behave! Well, last night Jerome Powell spoke – and the markets listened with bated breath, hanging upon his every word. No, I didn’t watch it (I’m not a masochist) but I read it. Boring. He refrained from commenting on rate policy, the markets thought […]
The End of the Bear Market?
Is it the end of the bear market? Well, we shouldn’t go on just one trading day, certainly not one as non-definitive as Friday, but maybe – just maybe – the end of the bear market is in sight. I certainly hope so, bull markets are so much easier and less frustrating. I hope that […]
