June 30 – Welcome to my weekend market comment, an analysis tool I use in my own portfolio decisions, published free to the web every weekend before the New York opening bell. You can read the latest version each week by bookmarking http://cme4pif.blogspot.ca/. For full details read my disclaimer (link at the bottom of this page).
No full market comment this weekend as I am sailing for 3 days. Thursday was a surprise bounce predicted last week. Gold did well now is the time to review our holdings, and consider some profit taking.
Thursdays rally was impressive with a strong gap up. If in the coming week we break in to a new all time high this rally could go much further and we will finally break in to new highs signaling a strong bull market.
The good news, breath is very strong with a lot of S&P500 stocks hitting 52 week highs and nearly zero hitting 52 week lows.
March 25, 2016 – Welcome to my weekend market comment, an analysis tool I use in my own portfolio decisions, published free to the web every weekend before the New York opening bell. You can read the latest version each week by bookmarking http://cme4pif.blogspot.ca/. For full details read my disclaimer (link at the bottom of this page).
Well Britain has kissed the rest of Europe goodbye. The departure is a blow to globalization, challenging a decades-long embrace of freer movement of goods, services and people. The success of the Brexit movement, fed by an influx of foreign migrants, stagnant wages and resentment over inequality since the Great Recession, is one more jolt for a global economy left bruised by years of crisis fighting that’s restricted momentum.
101 Bull Bear Bull market (dark green over red) and now the short term (light green) is down sharply. Bull market -- expect bullish outcomes.
June 18, 2016 – Welcome to my weekend market comment, an analysis tool I use in my own portfolio decisions, published free to the web every weekend before the New York opening bell. You can read the latest version each week by bookmarking http://cme4pif.blogspot.ca/. For full details read my disclaimer (link at the bottom of this page).
101 Bull Bear Bull market (dark green over red) and now the short term (light green) is leading up. Bull market -- expect bullish outcomes.
103 NYSE High Low Market Forces In the right side highlight we see green is above is below yellow. This is the number on reason I am still seeing possible upside.
June 11, 2016 – Welcome to my weekend market comment, an analysis tool I use in my own portfolio decisions, published free to the web every weekend before the New York opening bell. You can read the latest version each week by bookmarking http://cme4pif.blogspot.ca/. For full details read my disclaimer (link at the bottom of this page).
U.S. stocks closed lower Friday, weighed by renewed global growth concerns as benchmark yields fell to record lows and investors looked ahead to U.K. vote on whether to leave the European Union.I think some of this today is "Brexit," some of it is global growth concerns, some of it's the Fed,"
101 Bull Bear Bull market (Dark Green over red). Nothing but strength. Notice the turn around pattern in the second window showing gaining momentum in the 50 day slope. The 4 day (light green line) turning down. Bull Market = Bullish outcomes.
June 4, 2016 – Welcome to my weekend market comment, an analysis tool I use in my own portfolio decisions, published free to the web every weekend before the New York opening bell. You can read the latest version each week by bookmarking http://cme4pif.blogspot.ca/. For full details read my disclaimer (link at the bottom of this page).
U.S. stocks closed slightly lower Friday, as gains in utilities offset declines in financials after a sharp miss on the May jobs report. The major averages came well off session lows to close slightly lower on the day and narrowly mixed for the week. The Dow Jones industrial average closed about 31 points lower after earlier falling 148 points with Goldman Sachs contributing the most to declines.