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 […]
Back in a Bear Market
Back in a Bear Market (ITM Blog Special Update) My heading last time ‘Bad News for Bulls’ turned out to be prescient; for the last week, the market has not been kind to the bulls. After popping over the 200 day SMA briefly during the day, SPY quickly descended and resumed its downward momentum. Last […]
Bad News For Bulls
Bad News For Bulls What a year! Looking back at the blog post this time last year, we were looking at the ‘Santa Rally’ to see if it was a real thing. Let’s recap: Technically, the Santa Rally happens in the last 5 trading days of the year plus the first 2 trading days of […]
Timing the Market
Timing the Market Don’t try to time the market! Don’t miss the 10 best days! Stay fully invested! The warnings are coming thick and fast. The message? Your portfolio can suffer heavily if you miss even a few of the best days in the market, and you never know when they’re coming. Best to stay […]
Goodbye to the Bear?
Is it Goodbye to the Bear? Well, what a week. Or rather, what a crazy couple of days. On Wednesday, SPY closed at $374.13 and on Friday it closed at $398.51 – a 6.5% jump in 2 days! Crazy. Not quite as crazy as the Nasdaq (QQQ) which jumped 9.4%. And SPY, after closing well […]