Buy the Dip!

Finally… after the longest stretch since 2014, the S&P 500 managed to pull back over the course of the last couple weeks, to a point where the market became oversold and ripe for a “sale.”  So what’s next? Well, the seasonally weak months of the year ended on...

Proceed with Caution

As I write this week’s commentary, the Dow is finally “breathing” as it slides, on track for the biggest daily decline in two months.  The long and intermediate-term charts still point to blue skies which tell me that any pullbacks that occur in the short term should...

The Stock Market is Ripe for a Pullback

Last week I wrote about how ripe the market is for a pullback or correction.  Click here if you’d like more details on that article, but this week I wanted to present more evidence that supports that thesis. I mentioned that the stock market experiences roughly three...

Black Monday is Behind Us

This past week marked the 30 year anniversary of Black Monday.  There was a lot of talk in financial media about the similarities between this year, 1987, and the market’s behavior leading up to Black Monday.  Naturally, the aim was to scare investors into “wanting...