The Most Important Chart Today

At this point in the year, the volume on the exchanges goes down, traders go on vacation, and we’ll spend the next five months in the “Seasonally Weak” months of the year.  Normally, these summer doldrums cause tepid performance in the markets, but that’s just not...

Stock Market BREAKOUT!

The stock market as defined by the S&P 500 has been trading sideways in a descending pattern since the beginning of this year.  What’s interesting is that, in most situations like this, the pattern breaks down, not up.  In other words, whenever a...

How Healthy is the Market?

When the stock market crashes, it gives warning signs.  Red flags start to go up as much as six months in advance.  Furthermore, market crashes usually take around a year-and-a-half to complete, from top-to-bottom, so it’s not as if the market falls 40-50% in value...

Observations from CMTA Symposium-2018

The minutia in the financial world is almost as confusing as the titles, certifications, and designations held by financial professionals in the industry.  Many have heard of the CFA (Certified Financial Analyst) designation, but most haven’t heard of its nerdy...