ETF Talk

Finding an Edge in a Dull Stock Market

How to gain an edge:
A bear jumps out of a bush and starts chasing two hikers. They both start running for their lives, but then one of them stops to put on his running shoes. “What are you doing? You can’t outrun a bear!” says one hiker, the other one replies: “True, but I don’t have to outrun...

Gold Update

In August 2018, gold carved out the bottom outlined via this projection published in the August 29 Profit Radar Radar Report.

Gold appears to have finished the first leg of this rally on February 20 at 1,350, which was followed by a 70-point drop.
The March 10 Profit Radar Report featured this...

S&P 500 Update – Let’s Call it What it Really Is?

Last week’s S&P 500 update highlighted a triangle and complete 5-wave pattern likely to be followed by a ‘pop and drop’ with a minimum down side target around 2,720.
Price popped to 2,817, and subsequent dropped to 2,722, confirming (and possibly completing) this pattern.

As mentioned in...

S&P 500 – Change of Trend?

This is a shorter-term Elliott Wave Theory-based forecast. A longer-term forecast based on a different set of reliable indicators is available here.
Most of February’s market action was outright boring!
Starting in late February, however, boring morphed into revealind. The range bound trading...

S&P 500 Update

In mid-January, I asked: Is the ‘Bear Market’ Already Over?
The above article highlighted bearish (bullish for stocks) sentiment extremes, the average bear market trajectory (which projected a rally), and – most importantly – a bullish breadth thrust.
Therefore it’s no surprise that stocks...

Will Momentum Continue to Push Stocks Higher?

From December 3 – December 26, 2018, the S&P 500 lost 453 points. Since then, the S&P rallied 400 points.
Who would have thought that the worst December since 1931 would be followed by the best January since 1987?
Extremes Everywhere
We are truly living in a world of extremes. The rich...

Is the ‘Bear Market’ Already Over?

On December 24, 2018, the S&P 500 closed at 2,351.10. Much of the financial media pronounced a bear market that very day:
CNBC: We are Now in a Bear Market – December 24, 2018
Yahoo! Finance: S&P 500 Enters Bear Market: December 24, 2018
Investors Business Daily: S&P 500 Enters Bear...

How to Predict a Market Crash

Although I warned of an environment where the risk of a meltdown is high (wave 3 down, based on Elliott Wave Theory), I can’t claim credit for predicting the December crash.
Because of my multi-indicator approach to market forecasting, and profound concern for my subscriber’s portfolio’s, I...

Short-term S&P 500 Update

2018 has been a year of extremes. The year started with stocks becoming extremely over-bought, and ended with stocks getting extremely over-sold.
In fact, 2018 hosted the worst December performance since 1931.
The December 23 Profit Radar Report stated that:
“We are likely in an environment...