On the morning of Monday March 4, the S&P 500 Index traded at the highest level it has seen since October of last year. This 4 ½ month high was short-lived, however, as the market proceeded to trade down for the rest of the week. Readers of these tips in Tharp’s Inbox Coaching were ready […]
The Market Takes Three Shots to the Gut and Comes Back Swingin’, by D. R. Barton, Jr. Read More »
In my last article, we looked at one of my favorite ways to track market health — the cumulative breadth of the New York Stock Exchange. The bottom line of that article: the market’s rapid rise from the Christmas Eve lows has been supported by broad participation — lots of stocks have been helping to
The Underlying Fuel Driving This Run — Part 2, by D.R. Barton, Jr. Read More »
Back in November, we looked in depth at the Presidential Cycle at work in the stock market. In addition to looking at some great practical tools helping us understand statistical significance, we saw how the pre-election year is the strongest of the four-year cycle. As a reminder, 2019 is the pre-election year for this cycle
The Market is Up 17.1% from the Lows — Is There More Room to Run?, by D.R. Barton, Jr. Read More »
You may have heard prognosticators talking about the “January Barometer” with trite phrases like “as the S&P 500 goes in January, so goes the year.” I even had a very respected TV personality say that to me on air this week in a format where I couldn’t “clarify” the misnomer… so don’t believe the hype.
Don’t Believe the Hype: The January Barometer is Broken, by D.R. Barton, Jr. Read More »
Two weeks ago, we looked at a market chart that contained the so many key concepts that we spent a whole “Trading Tip” on it. Welcome to déjà vu… This is one of those times that market action lays out such clear support and resistance levels that we can’t help but to sit up and
Our One Market Chart Revisited — With A Change In Market Tone, by D. R. Barton, Jr. Read More »
First, a happy, healthy and prosperous New Year to you all! Next, here’s what I’m concentrating on right now in the equities markets — and it’s all jammed into one chart. Let’s look at 7 steps of market evolution since mid 2-18 and then let’s talk about what we’ll do to make some money. First, the
All You Need to Know About the Markets in One Chart, by D. R. Barton, Jr. Read More »
I believe that everyone’s holiday experiences are quite different and very personal. The cliché of the dysfunctional family gathering for Thanksgiving and/or Christmas is so pervasive that it serves as fodder for Saturday Night Live skits almost every year. My nuclear family is almost formulaic in another way — I’ve been married to my lovely
End of Year Rally or Fizzle, by D.R. Barton, Jr. Read More »
After enjoying the low volatility of 2016 and the all-time least volatile year in the history of the U.S. financial markets in 2017, we have seen volatility return to the markets with a vengeance in the fourth quarter of this year. Neck-snapping intraday reversals have become the norm over the past few weeks.Even with every
The Markets’ Ups and Downs (and Back Up… and Back Down…) by D.R. Barton, Jr. Read More »
Facts are stubborn, but statistics are more pliable.” Mark Twain ***A Note to start: If you’ve ever wondered about the validity of the old saying that you need 30 data points for statistical significance, this article is for you . . . even if you don’t care about the U.S. Presidential cycle. And thanks for
The Presidential Cycle: Useful or “Rubbish”? by DR Barton “There are three kinds of lies: lies, damned lies and statistics.” Mark Twain, misattributing Benjamin Disraeli The mid-term U.S. congressional election is behind us, but the effect of the election will drag on. Already, worries over a stalemate between the Democratic Majority in the House of
