fjpenney

Thursday Outlook: Commodities, Global Markets

David:

Yesterday, your article that was posted before the market opened indicated that you expected a rally. After yesterday's sell-off, your article today indicates that you expected the sell-off. Are the two articles contradictory?

You are the most followed contributor here on SA and you deserve credit for that. If you wouldn't mind, I kindly ask that you explain what insight you hope investors are going to gain from all the charts and commentary. Do you hope to educate them on your expectations for the market's move the next day, the next week, the next month, ...?

Personally I think investors would hope that at the end of your posts you would offer an opinion of the market's future direction. That's easier said than done of course.

Wednesday Outlook: Commodities, Global Markets

The McClellan Oscillator peaked on July 23 and hit a low on September 02. As I understand David's discussion of the oscillator, the market should have peaked on July 23 and hit a low around September 02. In fact, the S&P 500 rose 4.2% from July 23 to September 02.

The again, the oscillator hit a high on September 17 and a low on October 02. Over the same time period, the S&P500 fell 3.9%.

I haven't studied the value of the McClellan Oscillator in depth and I do not use it in my own timer. Does anyone find the MO to be of much value?

Friday Outlook: Commodities, Emerging Markets

It's easy to look at the middle of a chart a make commentary about support, resistance and trends. It's much more difficult to provide commentary when you look at the right edge of the chart. This is about as good as it gets when it comes to technical analysis. David definitely has a good handle on what is happening and acknowledges that he doesn't know what is going to happen next. I appreciate that kind of commentary over that which comes from over-confident analysts.

FJP