Heavy volume pushed prices higher as Wall Street giants picked up the pace post-summer. These giants we refer to are the institutions, who are also innovators known for establishing trends with their massive appetites.

Just as Warren Buffett describes how retail markets go through three phases of being bought by Innovators, Imitators and Idiots – we see a similar phenomenon with the stock market. After the innovators come the imitators. This is smart money such as hedge funds and professional traders who place bets behinds the institutions. We like to think of ourselves in this crowd.

Things To Come

Market Bias

Buyer’s Caution

Where We Are

Where We Are

“What seems too high and risky to the majority generally goes higher and what seems low and cheap generally goes lower.” – William O’Neil

Our market bias is based on a combo of Fundamental and Technical evidence. Economic and earning trends are matched against our analysis of price and volume charts, giving us an indication of how friendly the market is for our beloved Breakout Growth Stocks.

Our market bias is based on a combo of Fundamental and Technical evidence. Economic and earning trends are matched against our analysis of price and volume charts, giving us an indication of how friendly the market is for our beloved Breakout Growth Stocks.

Market Bias

BUYER’S CAUTION

On the face of things, you could see the some 3% losses on the major indexes as proof positive of a weak market.