From a technical market perspective the sell-off in stocks over the past 8 trading days was an attempt to turn the V-bottom in stocks into a double bottom or even a new secular low at S&P 640. Obviously there was a…Continue Reading →
While it would have been nice to have traded this last knee jerk downside reaction of the Bush era I would rather look forward to the main move for 2009, a rally to the 1260 area of the S&P 500 with…Continue Reading →
This retail sales data is not news to react to, but news to use. The number one thing for us is the short bond trade which we took off in the 132 area some time ago and now the market…Continue Reading →
The 860 area of the S&P is a major juncture. In short order the market is going to go to either 660 or 1060. While we have long said that we think by 2011 we will see the 600 area…Continue Reading →
The much anticipated new administration is nearing and so the anticipation phase is about over. Fridays market action was the first signal, bad news is now bad news for the market. By the same token good news will be good…Continue Reading →
Yesterday the market didn’t quite get to our optimum price levels. We are buying back our XLE at 49.75, DIG at 30.70, and selling SDS at 6970 now. The NAV for EMA Fund was 1059 at yesterdays close. 9:47 AM…Continue Reading →
There is a 10 percent probability that Tuesday’s highs in the market will be the highs for the year. It all depends on whether the Obama Administration keeps trying to appease the conservatives and ends up watering down the target…Continue Reading →
As you will note in our update comments late yesterday, we lightened up our long positions. On the Aggressive ETF Portfoliothat we show positions for on this site, we lowered our leverage ratio to 0.98 from the 1.27 that we…Continue Reading →
The above chart shows quarterly asset values for our Marketocracy Tracking Portfolio which we started in June 2002. The Performance numbers for 2008 are shown here in the order of Aggressive Portfolio, Conservative Portfolio and the S&P 500: Since 10/08/07…Continue Reading →
I can tell from my emails that the driving force behind this current rally is the wide disbelief in the Green Buildout. I agree that a huge task is being formulated and there is a high probability that it may…Continue Reading →