Posts Tagged ‘Energy’
Are Investors Too Optimistic?
Stocks rallied last week into last Friday’s close – an encouraging development! But dare I say… investors are optimistic. You see, if you’ve been paying attention, you’d know that many Fridays this year have experienced sizable sell-offs. Why? Because traders wanted no part in holding positions over the weekend. The risk was too great. What…
Read MoreNow Is Not the Time to Be Greedy
With a PhD in economics, “Dr. Copper” is widely followed as an important economic barometer. Demand for Copper is known to foreshadow things to come. And in an ominous sign, Copper is breaking down. One method to visualize this breakdown is through a simple Relative Strength comparison. Check out this chart comparing the Relative Strength…
Read MoreProceed With Extreme Caution
Heavyweight boxer Mike Tyson was famous for saying, “Everyone has a plan until they get punched in the mouth.” My Question: Did Energy just get punched in the mouth? Because it sure looks that way. Until now, the Energy sector has been immune to the rout hitting the rest of the market. Energy has been…
Read MoreBuy the Dips or Sell the Rallies?
Earlier this week, I put out a short video addressing current market conditions using price, breadth, and Relative Strength ratios as our guide. The reasons we had moved all but a small portion of investor funds to the safety of cash are still very much in play, and based on the data, we believe the…
Read MoreIt’s All Bullish for Energy and Financials
One of the most important themes these days is the rotation between growth and value stocks. To be clear, we’re not seeing a rotation out of stocks into risk-off alternatives, we’re seeing a rotation within the equity market. Groups like Energy and Financials have been breaking to new highs while growth and Tech indexes have…
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