I've stolen that sentence from Franklin D. Roosevelt to commemorate today's date, October 19th. To those who have been long time participants in the stock markets, that day in 1987 was the single most traumatic experience in their lives, even as ensuing selloffs in the years since have arguably been as dramatic. At that time … Continue reading A Date That Will Live In Infamy
Month: October 2020
The Strength Of Breadth
Most of the time, the public is exposed to the statistic of price to measure market activity, whether the indices or their specific holdings. While this can certainly measure current action, it does not reveal any underlying strength or weakness. How can we be sure that price trends will continue? In order to have confidence … Continue reading The Strength Of Breadth
Stealth Bull
The majority of the public, including some professionals, obsess over the action of the popular averages of the Dow Jones or the S&P in order to gauge market health. It should be clear that these measures are only barometers of stock market activity, they don't provide enough detail to reveal many underlying sectors. After all, … Continue reading Stealth Bull