This is the Dow Jones Industrial Average (September 26, 2011 close) point and figure chart. This is a 100-point box chart (each box along the side represents 100 points on the Dow Jones). All charts are courtesy of Dorsey Wright & Associates Dorsey Wright offers a...
Weekly Commentary for July 19, 2011 A few weeks back I wrote "there is a possibility this is how the stock market could move (sideways) for awhile." It's possible we could see five, six or seven weeks of sideways or straight up, followed by five, six or seven weeks of...
Weekly Commentary for January 18, 2011 This is the point where things *could* get dicey. So it's really important you understand what may unfold in the near-term. Some areas of the stock market -- and some of the stocks, ETF's and mutual funds I bought for you a few...
Weekly Commentary for February 8, 2011 As you might have discovered, I have been in favor of selling a little lately in the stock market. Not a lot. The selling has been primarily in the emerging stock market areas. Part of the reason is because this "unrest" around...
Weekly Commentary for February 15, 2011 ***** ***** ***** Each week, John Dorfman (syndicated columnist from Bloomberg.com and chairman of Thunderstorm Capital in Boston) publishes a weekly column. If you live in central NJ, his column is carried each week on Sunday...
Weekly Commentary for February 22, 2011 We continue to run offensive plays in the stock market. And as long as we have control of the football, that is what we will do. As I have mentioned before: when the charts change, we will change. Domestic stocks continue to...
Weekly Commentary for March 22, 2011 Lots of chatter about how Japan will be rebuilt, and who is going to benefit. Hold on, cowboy. ***** ***** ***** The speculation swirls around heavy machinery, and earth-movers for example. Others are talking up the idea Japan will...
Weekly Commentary for April 5, 2011 So, UConn wins the big game by shutting down Butler. Butler makes only 18.8% of their shots (a pitiful number), and UConn plays big-time defense. Since the recent stock market peak on February 17th, the short term indicators...
Weekly Commentary for May 17, 2011 As most of you know, I was a stockbroker for 16 years before becoming a fee-only investment adviser. As a stockbroker, you get paid on commission. So it was pretty rare when money sat idle. Didn't matter if it was good market or bad....
Weekly Commentary for June 6,2011 You've probably read (several times by now) my message that "when the charts change, we will change." Well *some* charts are starting to change. Some charts...but not all of 'em. In the bigger picture, we need to keep in mind this is...
