Easy Money From Global Central Banks Continues To Fuel This Market Since the historic March 2009 low, the benchmark S&P 500 has surged a very impressive 203% making it one of the strongest bull markets in history! The primary driver of this entire 5.5 year bull market has been easy money from global central banks […]
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Since the market peaked on September 19, stocks have become extremely volatile over the last five weeks. The S&P fell 9.8% from the peak to the trough on October 15. I have written several pieces about the sectors and how the sentiment could have helped you devise a plan ahead of the downswing. Looking at […]
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Technology can cover a wide array of things, from new ways to do an old task to brand new innovations that revolutionize computing. And the same can be said of the technology sector in the stock market. That’s why it can be extremely profitable to know about this hidden gem that could give you an […]
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When company insiders decide to buy stock in their own company, we know that they are expecting the price of the stock to rise. What we have to do is determine which insiders to trust, and how ready the stock they are buying is to climb. And since history repeats itself, why not look to […]
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Last week I talked about three ways a market can move (up, down or sideways). This week I want to talk about bull and bear traps. There is a concept on Wall Street known as a bull (or bear) trap. The idea is simple, in a bull market there are big shakeouts (pullbacks/corrections) that occur which […]
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Approximately one month ago, I tallied the sentiment indicators for the 100 stocks that make up the 10 largest holdings in the 1o sector SPDRs. The idea was to figure out which sectors were the most susceptible to fall based on how loved they were. The results weren’t astonishing, but they did show some promise. […]
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It’s hard to know who and what to trust on Wall Street. Everyone is just trying to get the upper hand to make a few bucks, and most people are more than willing to walk on your back to do so. That’s why I tend to trust the people who don’t know I’m watching them, […]
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Well, Mr. Expert, it seems you got what you wished for: almost a 10% correction in the markets. Was it everything you hoped for? Funny, I didn’t sense much relief and joy at what you wanted, only panic. And I certainly didn’t see you step in and buy in a big way! After what was […]
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Today I want to talk to you about how markets move. There are only three ways a market can move: up, down, or sideways. Trending Markets: Up & Down Uptrends are known as bull markets. In the simplest sense uptrends occur when markets are moving up. The definition, of an uptrend varies depending on your […]
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Sometimes grouping all the different types of technology companies into one market sector seems like overkill with the amount of different company types. There are digital media companies, cloud computing companies, software innovators, information technology companies, electronic companies, and so many more. But a huge section of money appears to be shifting into this ONE […]
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Over the course of the last month or so, I have written about a number of topics—silver, the Russell 2000 and market neutral strategies. Over the course of the last three weeks, the S&P has gone through one of the roughest patches of the last few years culminating with the 3.14% loss last week. Last […]
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The insiders never stop trying to make money, and not even a turbulent market will keep them from buying if they believe they can profit somehow. But when the storm is the fiercest, that’s when you learn which trees are the strongest. While the winds of the currently bumpy market are blowing, this tree is […]
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It seems I was right to be suspicious about the correction being over. As I write this on the Friday before publication, the correction is very much still in force and the major indexes are teetering on the edge of an important level. So let’s look at the big picture as well as look at […]
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Fact-Based Thinking Longstanding readers of The MidasWave.com know that I’m an fact-based thinker and my results speak louder than my words. The 3 strongest stocks in the MidasWave.com Portfolio are up 120.56%, 26.39%, and 20.43% since the Midas Wave Alert Was Triggered just a few short months ago. In fact, our largest decliner is only […]
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As a market analyst, I am always looking for patterns that repeat. It doesn’t matter to me whether the pattern is in the chart, the calendar, the fundamentals or the sentiment. If there is a pattern that repeats and it will make for a sound investment, I am going to pay attention to it. A […]
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I can tell you that I was a bit surprised to see a huge amount of insider selling for one particular company this past week. That’s because this company’s stock has been one of the strongest gainers over this bull market, climbing from $30 all the way up to $180! But this insider action simply […]
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So we got that correction I spoke about last week, albeit a bit of a flash-correction. Now it seems to be ‘game on’ again as the major stock indexes surged above their benchmark 50-day average price. Exactly on cue, the bulls came in and bought stocks as they kissed their longer term (150-day) average price, […]
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The Market Is Getting Weaker, Not Stronger… The market is in the early stages of forming a large topping pattern. The top needs to be confirmed by more than one major average breaking below support. We noted in early reports that a “normal” pullback this year has been about 5% which would bring the S&P […]
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Last week, I was exchanging emails with our publisher about the Russell 2000. He had asked me if I saw a certain pattern in the chart, but I didn’t really see what he was asking about. The RUT has been in the news with a number of sources pointing out the “death-cross” the index just […]
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The stock market is currently in some uncertain times, and that makes it harder to decipher the health of the individual sectors. But when I don’t feel confident in some of my traditional indicators to tell me how strong the tech stocks are, I always have a go-to tool that I use to get a […]
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