Between the devil and…

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=1&mn=0&dy=0&id=p10599378927 In this bizarre political season, in this surrealistic country, the market frequently gets kooky or kinky (maybe not kinky--that's the province of the great orange one).  (In the investment…

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More (or less) of the same…

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p70142979615&a=266398464 We have been watching closely as price fell out of the triangle.  Under different circmstances we might have taken it as a short signal.  But in the present context…

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Yo-yo markets in Death Valley…

http://stockcharts.com/freecharts/pnf.php?c=RSP,PWTADANRBO[PA][D][F1!3!!!2!20] We are in, and have been in, one of the most difficult periods in our 55 years in the market.    We re not alone in this assessment of…

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The Long View…

Being that the short view is so tedious, we thought we would take a look at the long view.  It may surprise you, but the bull market which started in…

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Time to buy?

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p70142979615&a=266398464 The formation is formless here and the trendline is more or less invented, so buying at this point requires some boldness.  It would be more conservative to wait for…

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