The 17-year Market Cycle, Revisited
Joseph Gomez, Sr. Investment Advisor As of today, the S & P 500 is up 11% for 2012, a 4 year high. I believe we are within weeks/months from the point where investors will exit the “dis-belief stage” of a bull market (marked by historically low volumes) to the “acceptance stage” (marked by increased volume and .. read more
A Closer Look
As expected, the S&P 500 corrected slightly in the beginning of the week, but succeeded in only finishing down three straight days before a rally pushed the index back close to the highs. As for the small cap stocks, the Russell 2000 fell back to its 50-day moving average, before bouncing off its upward trendline. .. read more
Trend Watcher – Is Consumer Discretion an Oxymoron?
Joseph Gomez, Sr. Investment Advisor and Portfolio Manager Up until this Tuesday, the S&P 500 had closed in overbought territory (more than one standard deviation above its 50-day MA) every single day this year. The 1.5%+ decline on Tuesday moved the S&P 500 back into “neutral” territory for the first time in 43 trading days. While the .. read more
A Closer Look
The markets were once again higher this week, as the Dow Industrials hit the 13,000 level and the Nasdaq Composite hit 3000, levels not seen in years. The S&P 500 also hit multi-year highs, on its way to the best 2-month start to any year. This might all change soon with Bernanke’s announcement on inflation .. read more
Trend Watcher – Nasdaq, Apple and Dow Hit Milestones
On Tuesday, the Dow Jones Industrial Average crossed and closed above 13,000 for the first time since 2008. Not to be outdone, on Wednesday the Nasdaq traded above 3,000 for the first time since 2000. Although the index quickly fell back below 3,000 and never closed above that level, an eleven year high is nothing to sneeze at. AAPL, which might as .. read more
Trend Watcher – Are you ready for $6 gasoline?
Joseph Gomez, Sr. Investment Advisor and Portfolio Manager I just paid $4.29/gal for premium fuel in Coral Gables, Florida. How much are you paying in your part of the country or world? (Please use our comment section below.) This is one of the drawbacks of a strong(er) economy. On many occasions during our Investment .. read more
A Closer Look
More of the same this week. Markets inching higher on low volume. Crude oil spiking. Tensions in the Middle East. The Bank of Japan trying to do too much. The markets do seem overbought right now, but have been for weeks now. Will this correction ever come? The Nasdaq Composite is holding its trend line. .. read more
A Closer Look
The S&P 500 once again finds itself higher for the week. The index broke out nicely following its test at the 50 week moving average. Up next? 1370. The Nasdaq Composite is straddling its upward trend line. The Nasdaq is a market on fire, but will it come crashing down, or continue to make multi-yr .. read more
