My market timing model issued a weak BUY signal yesterday and I choose to ignore it and not inform my members. I’m interested in any BUY signals below the 1310 level for the S&P500 and will let my members know when that happens.
If you were a Neural Market Trends member, you would’ve received my email early Saturday morning with a warning that my Market Timing model issued a SELL on Friday. Yes a SELL. Once again the model is vindicated as we started the trading week with two days down, yesterday being extremely down!
So what [...]
I update my Market Timing Model daily and the only conclusion I can draw from it is that the markets remain nuts. My proprietary volatility indicator remains near its all time high and fluctuates between a reading of 1.9 and 2.1 (its all time high was 2.2) on a daily basis. Bill from [...]
It sure looks like we might have a short term (possibly even longer) bottom in place on the S&P500. The surprises this week are creating a beautiful “hammer” on the weekly chart as the Fed bailout is starting in earnest.
My Timing Model didn’t issue any signals yesterday so we remain vigilant and cautious. I [...]
I dipped my toe into the markets yesterday and moved some cash back into the markets. My Timing Model indicated that it was a great day to Buy but since I’m risk averse, and the markets are gyrating like I’ve never seen them before, I took a small position concentrating mainly in Asia/Pacific area.
Only [...]
The global market are getting hammered, things are looking ugly out there. I’m so glad that I’m mostly in cash and bonds right now, all thanks to my timing model. If you’ve been a reader of my newsletter (free to members) then you would’ve known that I got out of the market in [...]
