Now, sometimes the "short-term" turns into the "long term," so we'll monitor what unfolds in the next few days. And keep you posted if conditions change. But my experience tells me we're not out of the woods yet. At least, on a longer term basis. Now, you've likely...
I've labeled this *the yikes spiral* because typically this happens when certain markets are in free fall. The most often example occurs when a company runs into trouble and may need to contemplate bankruptcy. It's a sad event, because people are losing money, and...
We've been saying for months to avoid real estate, financial, insurance, banking, and brokers. This past week, all of these sectors were taken behind the woodshed and slapped silly again. See, when you add up all of these sectors, we're talking about a group that...
One of Our Better Tools We've got a tool we rely on here at Mullooly Asset Management called "relative strength." This tool simply tells us which investments are moving faster than the entire market, or moving slower than the entire market. Pretty powerful tool!...
OK, in just the last few days, the indicators I rely on to manage your money flipped from defense to offense. This means we ought to be looking to put money to work. But before you jump in the pool, let's examine some facts: The bullish percent (the primary indicator...
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...
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...
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...
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...
The US government has been subsidizing the research, development and use of ethanol. This is being done in an effort to provide an alternative solution to importing costly oil and gas for use here in the United States. Some day, ethanol might be a great alternative. ...
