The last update mentioned that the S&P 500 will certainly rally to close the open chart gap at 3,900. It did so. Now what? Also, an update on inflation.... >> READ MORE...

The latest selling frenzy pushed various stock market gauges into historically extreme territory. Based on some indicators, blood is gushing on Wall Street … and we know what Buffett’s famous adage says. ... >> READ MORE...

The average stock is down much more than indexes like the S&P 500 or Dow Jones. Some mega stocks have price tags not seen in years, even below pre-pandemic levels. Is it time to buy some select over-hated stocks or indexes?... >> READ MORE...

The S&P 500 reached our down side target of 4,000 and actually sliced below it. Failure to rally around 4,000 unlocked the next down side target, but are things bad enough to where they are actually starting to be good for a buying opportunity?... >> READ MORE...

On April 11, the S&P 500 fell below a level that eliminated the most straight-forward bullish outcome. Here are the most likely alternatives and what breadth (or lack thereof) says about stocks.... >> READ MORE...

In late March, stocks rallied into the ‘where the rubber meets the road’ zone. As the last Market Outlook put it: “This zone is likely where we’ll find out if the bounce has legs or will roll over.”... >> READ MORE...

For only the fifth time in over 50 years, the S&P 500 rallied more than 1% on 4 consecutive days. Right before that, the Profit Radar Report stated: “this week is likely the best window for a low.” What does the price thrust mean?... >> READ MORE...

Last week, the 50-day SMA of the S&P 500 fell below the 200-day SMA. This event is ominously called ‘death cross.’ If you add two filters to isolate similar events, it becomes clear that ‘back to life’ cross is more fitting than ‘death cross.’... >> READ MORE...

Crude oil prices have soared and filling up the gas tank is getting painful. Many spent on gas is not flowing into the economy. Will rising oil prices kill the economy (and stocks)?... >> READ MORE...

Despite turmoil, we have not seen outright investor panic yet. Panic (when blood is in the streets) tends to be a good signal that the worst is ever. But even without panic, crowd psychology has given a very interesting signal.... >> READ MORE...