It's Thursday - General Market - Mid-Week Assessment - February 6th.
My logo for Over 50 Years is: "Investing Wisely."
I believe there are always many, many (too many!) road-signs often offering you - Very Inaccurate Information about the direction of the Stock Market. They seem to come from all sources i.e. Wall Street, Financial Media, Blogs and Bloggers and unfortunately many other unreliable sources.
My General Market Updates and Forecasts are offered every Tuesday, Thursday and Sunday here in SA. I hope you will become a regular follower.
Perhaps you will permit me to assist you with guidance and direction in improving your portfolio's future "Probabilities for Profit."
I invite you to ask me questions about my Methodology of "Investing Wisely" via my Email addresses below.
The General U.S. Stock Market - - Updated
Clearly the General Market remains Bullish and is making New Highs. That is what it will likely continue doing just for a just short while longer.
At this time I am holding a short list of - Select Companies and ETFs that continue to ascend. I am increasing my Cash Holdings as it appears to be prudent to do so. My forward focus is on - - the on going and well over-due Bullish - Topping - that is going on and has been going on "INTERNALLY" in the Marketplace for several months.
A new Bearish Inflection Point or if you prefer a new / meaningful Bearish Cycle and perhaps another monster Bear Market is definitely in the making. I hope you will not be caught Holding your Companies and ETFs when you would have preferred (in hind-sight) to have been Holding Cash. I remind you that "Greed" is an expensive word.
I maintain very accurate Primary Fundamental - Valuation and supportive Technical - Analysis Indicators for the Short ( 30 days to 60 days ) and Intermediate - Term ( 60 days to 4 months ). My Secondary Indicators I use are telling a Bearish story that is never seen or talked about with or to the investing public. Secondary Indicators are always Near & Short - Term. They are the most accurate and valuable and must be a leading part of your analytics.
Having just these two time-frames handled and under control through my Forecasting the - - Long and Very Long - Term Cycles of the General Market - - simple fall into place. (This statement is also quite applicable to Sectors / Industry Groups / Commodities / Companies and ETFs). (Please re-read this paragraph for complete clarity).
General Market - - Forecasted w/ Current Opinions
In my work / analytics there has been very little convincing evidence (Economically or Fundamentally) that the current Primary (Bull Market) Rally and certainly future Secondary Rallies will be sustained. However, the U.S. Government and Wall Street keep "pumping sunshine" (cheap money) and that will continue to lead you into severe disappointment or worse in the coming years.
For the Near-Term: ( one day to thirty days ) Another mini or bounce Rally has or will begin soon. I suggest it has started. The Bulls are very close to running out of the euphoric attempts to move the General Market UP.
The coming days and perhaps a couple / few weeks will be critical if you intend to begin "Investing Wisely" with me.
For the Short-Term: ( one month to three months ) Topping is over-due but, I suggest the coming few weeks of trading will be telling a compelling story. We will soon see.
Note: I am working on a new series of weekly articles "Seeing Beyond the - NOW!" This has been my forte of several decades. It is simple saying that in Today's World / Marketplace the focus is "Now." Profits, however are well Beyond the "Now" and can be both accurately forecasted and projected quantitatively.
Quantitative Analytics is simple - - when I get a notable quantitative count (plus for bullish and minus for bearish), I can be confident that selecting only those securities to hold in my portfolio that - - I will receive a greatly superior Profit / Reward for that / those transaction. The risk is mitigated within this analytic process because there are many conservative Companies that offer very clear (plus and minus) quantitative count - and for a time they are un-usually profitable. This occurs each and every year. I figured out WHY!
Remember, - EVERY - Bullish Cycle is followed by a Bearish Cycle, be it Short-Term or Long-Term. I hope you have such a perspective.
You May be Interested
I update and publish each Saturday morning a Chart in StockCharts - PublicList a proprietary General Market Update that provides me prospective between the three Indices that control the Marketplace. This is the seldom used formula that can make you consistent profits if you will follow them both individually and collectively. They are: a) Primary Indices ( Dow 30 Industrials / NY & Nasdaq Composite, Etc. ) ; b) My proprietary Inflection Point Count which is very - broad based ; c) The Commodity Index. You can view this excellent Indicator at: http://stockcharts.com/h-sc/ui?s=$INDU&p=W&yr=1&mn=0&dy=0&id=p69359735342&a=270034212
I hope you Stay Tuned - my "stuff " it has been very accurate for over 50 years . . .
Note: For a daily update and deeper view of my work / analytics you might want to click,
and scroll down to my "Thumb-Nail" articles on my personal blog.
Should you have interest in my professional guidance and direction, please Email Me with your questions or thoughts: email@example.com. - and - firstname.lastname@example.org.
Smile, Have Fun, Investing Wisely,