Following the Rules This year has been the most frustrating year I can remember. The market just will not behave and decide where it is going, which is really annoying. I remember that last year
So the Bear Won! There’s no doubt about it: we are in a bear market. The special edition of the blog on 22 September gave an alert that SPY was in bear terriory, and it
Back in a Bear Market. There’s no doubt about it; last night’s market drop has put us right back into bear territory. SPY closed at $377.39 which is quite definitively under the Bear threshold, see
Bear Market Signals As I sit here waiting for inspiration to strike, the lyrics from the theme song of Friends, the 90s sitcom, keep going through my head: ‘It hasn’t been your day, your week,
Is the Bear Market Coming? What a difference 2 weeks make! In the last blog post, we noted that, after climbing strongly from early July, SPY had bounced off the Correction level. We were wondering
How Does The Market Know? Seriously – its spooky! Take a look at the chart below – notice that the SPY has closed almost exactly on the correction line then bounced off again. When you
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