Investment

Double Click on any Image for a Full Size View In the image above I’ve drawn in a dashed black line.  This is the graph that I presented to our investment committee last week to show what I believe to be the path to the 200 day simple moving average – so far, it has […]

Double click on any image for a full size view Following up yesterday’s post about the strength of the 20 day moving average line as resistance against the stock market moving higher, yesterday I noted that 3429 was the reading for the 20 dma and today we managed to move up to 3428.92 before the

Double Click on any Image for a Full Size View Just a quick update – when we last chatted here on the blog, I noted that we were set to test the 50 day moving average (the red line on the graph above).  We did that and predictably bounced back to the underside of the

Double Click on any Image for a Full Size View I’ve annotated a graph of the S&P 500 to give you an idea of what I see happening to the market. If you’ve been reading the blog and the recent posts since I warned that we were getting ready for a pullback, you will recall

Double Click on any image for a full size view This is a follow-up to last nights post-market-drop post. We did open the market up this morning, but it was not a long-lived rally.  You can see on the graph above the blue line discussed last night on the S&P 500 Index graph.  We have

Double click on any image for a full size post I’ve gotten some texts and emails about the big drop in the market today.  Some hadn’t read the blog posts from the past few days where I gave a heads up that the market was ready to pullback based upon various indicators I detailed in

Both Tesla and Apple split their stock today, and both are up big as people are panic buying the now lower priced shares.  Apple, at $2Trillion in market cap, is bigger than the combined economies of Canada + Russia + Spain…cogitate on that for a moment. Double click on any image for a full size

Double click on any image for a full size view The NASDAQ and the S&P 500 have hit all time highs in price this week.  The Dow Jones Industrial Average also moved up but is still below previous highs.  Unfortunately, this is not your typical broad market advance that signals a healthy investment climate, growing

Double Click on Any Image for a Full Size View There is an old adage in the investment business that states “Don’t Fight The Fed.”  Martin Zweig was a famous investment manager back before most of today’s investment managers were alive or in the business – just like me except for the famous part 🙂 

  Graph comes courtesy of the Speculative Investor blog Double Click on any Image for a Full Size View Like many of you, I am having a number of Zoom video discussions these days – more than I had imagined I would even at the beginning of this COVID shutdown.  Zoom as a company is