Don't worry about "why" your investment is falling. Focus on "what" instead. What is happening now. Don’t worry about “WHY”...everyone is doing that. Gyrating stock prices are getting swung around by deceptive news headlines, faulty stories -- all designed to play...
Exxon reported nearly $12 billion in profits for the previous quarter recently. $12 billion! More net profits in one quarter, than ever recorded in the history of mankind. And what did the stock do? It went down. Numbers like $12 billion generate emotional responses:...
Looking at relative strength changes really helps to drive home underlying themes in the market. As I have been saying for several weeks, there are only a few sectors that have been going up -- most sectors have been just treading water -- and some sectors are...
Most Wall Street recommendations to buy are based on projected future revenues and/or projected future earnings. Projected. Or you could say, "predicted". Ever notice that a stock will begin to drop (many times without any news), and people will begin to ask "why is...
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!...
One of the best tools we have at our disposal is something called "relative strength." Look, you can't beat the market, unless the investments you own ARE beating the market. In other words, hanging onto something "just because" will always drag down your overall...
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...
Should we just sell everything and raise cash when the market flips from offense to defense? The short answer is NO. Look, going to 100% cash is a very aggressive call. We'd have to be pretty certain there's no hope at all for the market to make a decision like...
