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! That’s important – if we want to beat the market, we… [Read More] Relative Strength is One of the Better Tools
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 performance. We should not get “married” to a stock. Relative strength… [Read More] Relative Strength Can Help You Beat The Market
On Friday, the Federal Reserve cut the discount rate by a 1/2 pt. They cut the discount rate — NOT the Fed Funds rate. Understand, the discount rate is the rate banks and brokers are charged to borrow from the Fed. This doesn’t change rates you and I are charged. The Fed believes the “pressure”… [Read More] How Does the Discount Rate Being Cut Effect Investors?
So…is It Too Late To Sell? No. Not too late. Most everything remains on sell signals. One of the reasons I say this is because it’s harder to recover with negative numbers than positive numbers. Avoid losses whenever possible! Look, you tell me which is better: Harry’s money grew at 8% in year one, then… [Read More] Avoid Losses: It is Never Too Late To Sell
https://media.blubrry.com/invest/p/mullooly.net/public_html/wp-content//HowtheBullishPercentIndexWorks.mp3Subscribe: Android | RSSHow 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 simply a chart that runs from zero to 100%.… [Read More] How the Bullish Percent Index works
https://media.blubrry.com/invest/p/mullooly.net/public_html/wp-content//TheTideIsMovingOut_mixed.mp3Subscribe: Android | RSSThe 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 start… [Read More] The Bullish Percent Tide is Starting to Move Out