Two signal changes for Bull & Bear Tracker since May 23rd
Prior to the market opening on June 1, 2018 the Bull & Bear Tracker’s went from RED to GREEN. The signal had been RED since May 23, 2018. See “Bull & Bear Tracker’s Signal has changed”. The signal switched from RED to GREEN due to the...
Bull & Bear Tracker’s Signal has changed
The signal for the Bull & Bear Tracker is now RED. The signal had been GREEN since April 9, 2018. See Equities article “NIRP Crash Indicator Renamed “Bull & Bear Tracker”; Signal Now GREEN”. The signal switched from GREEN to RED due to the increase volatility...
Share prices of three DJ members going over the cliff is 12th nail in Bull’s Coffin
The share prices of three members of the Dow Jones 30 composite, IBM, Johnson & Johnson and Procter & Gamble performed cliff dives after announcing their first quarter 2018 earnings during the week ended April 20, 2018. Based on the performance...
Post earnings announcement share performance of key banks and brokers 11th nail in Bull’s Coffin
Since last Friday April 13th three of the USA’s largest banks including JP Morgan, Citigroup and Bank of America reported RECORD quarterly earnings. Separately, the USA’s two largest brokers reported their earnings for the first quarter of 2018. Morgan...
Near Term Market Prognosis 04/13/18
By overcoming a flurry of negative news stories since the beginning of April 2018, the market is sending a message to investors that it clearly wants to move higher over the near term. The recent negative news stories that caused significant declines...
The Missing 5th Nail in 2009 Bull’s Coffin are International Trade Stalwarts Boeing and Caterpillar
The fifth nail which had been missing in the 2009 secular bull’s coffin has been found. It is Dow Jones 30 industrial composite stalwarts Boeing and Caterpillar. Since both of the companies generate more than 50% of their revenue from outside of the US...
NIRP Crash Indicator renamed “Bull & Bear Tracker”, new signal issued
The NIRP Crash Indicator which was in service during 2016 has been pulled out of retirement. The signal is now GREEN which indicates that the S&P 500 at least for the short term will go higher. In my February article, I predicted that the highs for...