A short-term head-and-shoulders pattern is starting to look like it could have long-term and... Read More

A short-term head-and-shoulders pattern is starting to look like it could have long-term and ominous significance for the stock market. SPY Turned Back by a Gap In last week’s Market Outlook, I... Read More

By some measures, stocks just suffered their worst week in 2013. Despite that setback, the S&P... Read More

By some measures, stocks just suffered their worst week in 2013. Despite that setback, the S&P 500 is less than 3.2% from its all-time high. Until prices fall further, the weight of the evidence... Read More

Interest rates could be the factor that finally triggers a sell-off in the stock market, and that... Read More

Interest rates could be the factor that finally triggers a sell-off in the stock market, and that sell-off could be closer than most traders think. Interest Rates Can… Read More Read More

After another big gain, the S&P 500 closed in overbought territory for the first time since October. Overbought, But Not A Sell Signal To define overbought, the 52-week rate of change (… Read More

It is an oversimplification to summarize George Soros’ investment philosophy based on the... Read More

It is an oversimplification to summarize George Soros’ investment philosophy based on the theory of reflexivity into a single sentence, but it is useful to think of the theory as telling us... Read More

So far this year, stock market gains have been driven by price-to-earnings (P/E) ratio expansion.... Read More

So far this year, stock market gains have been driven by price-to-earnings (P/E) ratio expansion. That could change… Read More Read More

Stock prices reached new highs last week as headlines warned of a weak economy. This might be an illustration of the old saying that “bull markets climb a wall of worries.”… Read More

Income investors have two equally important objectives when it comes to investing — obtaining high amounts of income and limiting risk. Many survivors of the 2008 bear market learned this the… Read More

The efficient-market hypothesis isn’t perfect, but it is useful.  According to the EMH,... Read More

The efficient-market hypothesis isn’t perfect, but it is useful.  According to the EMH, market prices reflect all available information about the future. In other words, the stock price of... Read More

Earnings are supporting higher stock prices, and new records for the S&P 500 seem within reach.... Read More

Earnings are supporting higher stock prices, and new records for the S&P 500 seem within reach. S&P 500 2,000? SPDR S&P 500 (NYSE: SPY) ended the week virtually… Read More Read More