Unfortunately this doesn’t refer to the market – which is definitely not out of the woods – but to my (now former) position in a forest products company (see below). As far as the market is concerned, the weekly trend analysis is continuing to show further deterioration in all of the major indices.
This is [...]
This week’s trend analysis shows all the market indices edging clearly into negative territory. While the longer-term trend periods remain mostly a weak positive (green), the negative (red) short- and intermediate-term trends now dominate.
Although the market has pulled back over the last several weeks, the potential downside risk here still seems significant. As [...]
This week’s trend analysis – like that of a week ago – continues to show an overall neutral status, with a negative bias. If anything, it’s actually slightly more positive than last week, as the trend periods shown for the Dow Jones Industrials index are back to a mix of red and green.
The [...]
This week’s trend analysis shows further weakening in all the major indices. While the intermediate and longer-term trends are still showing green – except for the consistently underperforming Dow Industrials, which is now back to all red – the balance has shifted currently in favor of a more negative status.
Given the market’s recent overall [...]
As the current weekly trend analysis indicates, the overall trend picture remains overwhelmingly positive for all the major indices. However – with the exception so far of the Russell 2000 – the appearance of patches of red among the shorter-term trends indicates some near-term weakening.
This is consistent with the trend analysis for a variety [...]
