Football coaches never predict the outcome -- they expect to win! The coach runs the best plays he can, when he's got the ball. And when he doesn't have the ball, he sends the defensive team onto the field. And so it should be with your investments. Trying to predict...
Hanging onto a stock because your broker says "it's a good value" doesn't help when you're losing money, right? Look, much ink has been spilled lately about the stock market. First, everyone was slapping themselves on the back about the market reaching 14,000. Almost...
Even More About The Bullish Percent Index I've been getting questions about the bullish percent index, and playing offense or defense, like "if we're on defense, will all stocks move down?" And "What if I don't want to sell these stocks? I've owned them a long time."...
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 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...
Our main coach, the New York Stock Exchange bullish percent chart has signaled this week it's time to bring the defensive playbook out. "Wealth preservation" becomes the key now. The bullish percent is a "risk" indicator, not a predictor. It means stay alert, clear...
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...
Several indicators I follow have flipped positive recently. That doesn't mean I don't want to run right out and invest every last dollar back into this market today. Here's why: Financial stocks make up 20% of the S&P 500 Index. At 20%,financial stocks are the...
About a week ago, our indicators told us "supply" was now in control of the market. What happens to prices when there is not enough "demand" and too much "supply" of something? Prices must fall. So we should focus on protecting money. Moving to defense doesn't mean...
After Thursday and Friday's action, the "NYSE Bullish Percent" has now reversed down into a column of O's. This reversal down into O's means the defensive team is on the field. So we move into a wealth preservation mode from a wealth accumulation mode. Does this mean...
