More about the Bullish Percent A question that's often asked is, "if your signals suggest we are on defense, why does it seem like the market is still going up?" Over the last few years, we've seen many pullbacks in the range of 5% to 8%. So it's quite normal (and to...
How the Bullish Percent Index works
How the Bullish Percent Index works To understand how the bullish percent index, our main coach, works, you need to begin with and understand three main concepts. First, the bullish percent index merely measures the percentage of stocks currently on buy signals. It's...
The NYSE Bullish Percent Index
Remember that the NYSE Bullish Percent tells us the amount of risk currently in the market. It's not a tool that will tell us whether the market will zoom up or down. Currently, it's telling us the risk in the market is at it's highest, and the chance of losing money...
The Bullish Percent Tide is Starting to Move Out
The primary indicator that I follow, the New York Stock Exchange Bullish Percent chart is within 1% of a move from a column of X's to a column of O's. This kind of shift indicates a move from offense to defense. Moving to defense does NOT mean that the market will...
Bullish Percent Points Towards Market Averages Heading Lower
Am I a broken clock? Or is the rest of the world figuring out what we've been saying all along? The primary indicator that I use to measure risk in the market is the New York Stock exchange bullish percent chart. This chart merely tells us the percentage of stocks...
Top Mutual Funds in China and Latin America
China and Latin America currently holds the top scores for mutual funds. This is clearly where the money is being made at the moment. And the average Chinese mutual fund is way overbought. In other words, the average mutual fund in this group is currently trading...
How Does The Bond Market Affect Interest Rates?
Look At The Bond Market Hate being the party pooper, but I think it's important to remind people that when interest rates start to creep up, that's usually a sign that the party in the stock market may be taking a pause, or even coming to a close. Look at what's...
Cracks in the Bond Market : A Sign of Caution
Interest rates are on the rise. Why? In my line of work, we never know the reason why certain events took place -- until after they've occurred. Then we have to deal with picking up the pieces, or mopping up the spilled milk. As many people smarter than me have noted,...
Short-Term Indicators Move Down
All four of the short-term indicators that I use to track the market have now moved down. The fourth indicator to finally capitulate and reverse down was the high low index, which occurred in just the last few days. This means that more new low's are being set in the...
Current Market Conditions : Are we in Good Shape?
I get calls from folks with money in the market, wanting to know if they're in "the right position" or are they still in "good shape" with current market conditions. Here's my reply: I am comfortable with what's happening. I hope you are too. There are a lot of folks...