The FED’s relentless action to try and stop the current meltdown will eventually work for a while. The Bounce to 1435 on the S&P is still in focus. The market action at the lows yesterday was on low volume, no market…Continue Reading →
The majority of the talking heads on CNBC keep talking about a successful retest of the January 22nd low establishing a bottom and then the bull market will resume. Problem one, in our opinion this is a Bear market and…Continue Reading →
Being a contrarian means one has to pick his/her points where the probabilities are high for a contrary event. At the moment looking for a stock market rally is a contrarian move as we are in a bear market. We…Continue Reading →
For investors/traders that use shorting in their investment strategy we would advocate the profile below during the bounce phase of the market cycle.      S&P Level                Long Stocks               Short Stocks            Cash          1260                        50 %                            00 %                    50 %         1310                         50…Continue Reading →
In this short-term market cycle, we would advocate the following portfolio mix at various S&P levels. This is based on a conservative investor who desires at least a small footprint in the market and the long-term market cycle is in Bear mode. …Continue Reading →