How healthy are the big banks? What kind of effects do they have on the stock market? No one knows the details, but we can get a pretty good idea of what investors think of banks, by simply looking at the point and figure analysis of the charts in this sector. In...
We have prepared a short video (less than five minutes) analyzing the current point and figure chart for QQQ, which is the exchange traded fund representing the NASDAQ 100 Index, issued by PowerShares. This ETF (exchange traded fund) invests in the index, which is the...
January 2012: the US stock market is off to a good start. It's hard to predict what the rest of the year will bring, but indicators like the Santa Claus rally and the January Effect are working. There is no fundamental basis that the "January Effect" or "Santa Claus...
Podcast January 9, 2012 Even though, from a financial advisor's point of view, the Standard & Poor's 500 Index was essentially flat (up less than one percent) in 2011, we witnessed the most volatility in recent memory. However, the volatility might NOT be coming...
In this video, recorded November 18, 2011, we take a look at Enstar Group, ticker symbol ESGR. And by way of comparison, also take a peek at other insurance companies in the sector of the stock market. All insurance companies are unique, so it is very hard to line up...
Avoiding a big loss can go a long way toward improving the managing your 401k account or your investment portfolio in general. What we try to do at Mullooly Asset Management is manage the risk in your investments. As a fee-only financial advisory business, it is our...
After a good run in late October, the last day of October AND now the first day of November, the stock market is off to a thud. What's happening? There is a significant difference between the stock market action in late July - early August and now. The drop in August...
According to most financial advisors, copper has often been regarded as a great economic indicator, since copper has so many uses. When the economy typically begins to pick up, copper is in DEMAND. When we have slack (or slow) times in the economy, demand for copper...
Last week, we reviewed the action on the Dow Jones Industrial Average (DJIA). The date of that chart was September 27, 2011. In light of yesterday's activity in the stock market, I have prepared a short, two minute video to review what is happening -- just one week...
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...
