Now What?

Following an extended period of prices steadily ratcheting higher, the stock markets finally collectively hit some wild turbulence.  The speed and ferocity of the past week's decline was alarming particularly because over the past 2 years, people have been lulled into believing that a steady, low volatility advance was the new normal.  In fact, it … Continue reading Now What?

Looking For Clues

We've discussed the strength of the overall U.S. stock market numerous times as supported by the very positive internal statistics.  Advancing versus declines, new highs versus new lows, numbers of stocks in the positive bullish percent column, all have been  supportive of the strong advance since mid November.  The lack of volatility is the real … Continue reading Looking For Clues