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Approaching the Bottom

The Diamond Jim (Usually the last indicator to give a sell signal) flipped to a solid sell today. The Score chart and NASDAQ Accumulation (Elephant Tracks) indicators are nearing oversold territory. Looks like we could have a tradable bottom before…

Going Down!

The market takes the stairs up and the elevator down. The Brits have voted to exit! As I write this, just before 1:00 AM EST, June 24th, Dow futures are down 696. Buy when there is blood in the streets,…

Closer to a Top than a Bottom

My High Growth Stock (HGS) summary chart peaked the first week of January and has been sliding since. The largest drop was last week. This is a predictive indicator as traders and investors exit high growth stocks after a run…

Cha-Ching

By March 23, 2016 my Score indicator entered over bought territory. From here it is always just a matter of when the market will roll over, not if I began entering closing prices into my AIM spreadsheets, taking profits, and…

Back into Sell Territory

On February 4th I made a presentation at the monthly Society of Market Technicians meeting that identified the January 20th low as the turning point for the market. The leading predictive indicator for this turn was my market Score chart…

Wait, Wait, Wait

Among people that have attended my 5 Minutes a Month to Superior Investment Returns workshops, TNA, SSO and XIV are the most common investment vehicles. I said last week, we could get a buy signal this week. The down action…

Signs of a Bottom

We are starting to see the signs of a short term bottom. From the below daily chart of TNA that the downward momentum of the MACD has turned up, as can be seen by the black trend line. For those…

The Overdue Correction

AIM investors: For those of us using AIM, we have been selling for the past two years and have been waiting for a significant pull back. It is underway. The market takes the stairs up and the elevator down. For…

One Day Does Not an Up Trend Make

The markets were up Friday, but on lower volume. Monday’s IBD notes to watch distribution days when looking for market tops, and my Accumulation/Distribution indicator moved again towards the distribution side this week by another 3%, making it the third…