Buying climaxes occur when a stock (or index) makes a 52-week high, but closes the week with a loss. Prior spikes in buying climaxes have usually preceded weak stock prices. This week saw another buying climax extreme.... >> READ MORE...

Investors find mental safety in group behavior or group think. It’s always easier to buy when everyone else is buying. If everyone’s doing it, it must be right. More often than not, group think is the biggest investment trap. Professional managers as a group now are fully embracing this rally. Good news?... >> READ MORE...

“Knowledge is knowing a tomato is a fruit. Wisdom is not putting it in a fruit salad.” Some websites provide ‘knowledge’ and data for every single ETF, but lack the ‘wisdom’ needed to spot the right time to buy and to sell. iSPYETF does exactly the opposite! ... >> READ MORE...

The Federal Reserve announced that the 'big bad taper' will stay in the closet. That’s good news. The Fed announced the same thing on September 18, which led to a three-week correction. The same thing happened in late July.... >> READ MORE...

The S&P 500 just gained 100 points in 10 days. Some suggest that further gains from an overbought condition are unlikely. This may well be correct, but with or without correction, can the S&P 500 rally another 20% from here?... >> READ MORE...

The Federal Reserve’s liquidity policy has changed the game. Those who don’t adjust to the new rules will become dinosaurs. The interpretation of sentiment indicators is one of the things that changed. Changed yes, but obsolete no.... >> READ MORE...

This week the S&P 500 set new all-time highs and got ‘SKEWed’ in the process. Recent history shows that SKEWed for the S&P 500 can mean getting screwed for investors. Here’s what the SKEW is all about.... >> READ MORE...

Germans are conservative and central bankers are by nature careful about their choice of words. So we should take note when German Central Banks sound an alarm about a severe correction, right? Maybe not completely. ... >> READ MORE...

Germany’s 30-stock blue chip index – the DAX – is trading at an all-time high. At the same time the DAX is butting against a 55-month ‘invisible fence.’ Can the DAX ‘jump the fence’ and break free?... >> READ MORE...

The S&P 500 has finally reached its up side target outlined by a trend channel going all the way back to 2009. Is this the bull market’s final destination or just a ‘layover’ before departing for new bull market highs?... >> READ MORE...