In my previous post, I noted that if patterns repeat and this is merely a correction we could have another 30 days prior to the final bottom. Since investors heavily exposed to stocks might be looking to reduce exposure in… Read More ›
TSP Charts
The Smart Bird: Counting the Days
The S&P 500 is currently bouncing between support and resistance. Market internals are giving no clues as to the direction of the market. So as we wait on the market to digest investor expectations, I decided to continue to compare the current situation… Read More ›
The Smart Bird: Skating on Thin Ice
Holding equities during conditions of poor market internals and high market valuations is not investing – it is speculating. Add to the mix a rapidly rising aversion to risk in bond market then it becomes high risk speculating. The question of the… Read More ›