• 8 hours The Shroom Boom Is Here To Stay
  • 1 day Biden Will Be A Boon For Solar Stocks
  • 3 days The Gold Rally Has Finally Run Out Of Steam
  • 3 days Citibank Analyst Predicts $300k Bitcoin By End Of 2021
  • 6 days Bitcoin Lives Up To Its Safe Haven Status In A Big Way
  • 6 days 14 Million People Will Lose Unemployment Benefits On December 31st
  • 8 days Why 12 Million American Millionaires Isn’t Good News
  • 9 days Big Oil Is Paying The Price For Investing In Renewables
  • 10 days The Banking Industry’s $35 Billion Gravy Train Could Disappear
  • 11 days Did Amazon Just Democratize Prescription Drugs?
  • 13 days The Private Space Race Just Got Very Real
  • 14 days Short Sellers Are Willing Big In This Turbulent Market
  • 16 days SpaceX Gets Go-Ahead To Send Humans Into Space
  • 16 days Saudi Arabia Lost $27 Billion In Oil Crash
  • 17 days China’s Big Tech Takes A Hit As Regulators Crack Down
  • 18 days Black Friday Could Be Retailers’ Only Hope
  • 19 days Why You Should Not Dump Your Stay At Home Stocks Just Yet
  • 20 days The Real Reason Why Uber And Lyft Stocks Have Soared Nearly 50%
  • 22 days Bitcoin Heads Towards $16,000 And No One’s Cashing In
  • 23 days Elon Musk’s $250 Tesla Tequila Is Already Sold Out
What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

  1. Home
  2. Markets
  3. Other

Pay Attention to the Next Few Weeks

The next couple of weeks will tell a story. Were the July/August and December/February down-legs the first part of a much larger correction or just a minor correction en-route to much higher prices?

Peak prices in most markets was in the spring/summer of last year.

Dow, Transports, NASDAQ, S&P500 and Russell 2000 Weekly Charts from January 1, 2015

The Dow Industrials and S&P 500 have recovered better than the Dow Transports, NASDAQ and the Russell 2000.

You can watch Doha, the price of crude, interest rates and blubberings from central banks if you are a trader, but they have nothing to do will the long term market. The indices making new highs, or not, will tell the longer term direction. Watching 18,312 on the Dow is a good start.

Dow Jones Industrial Average Daily Chart from January 1,2015 to Date

Sell in May and go away? We'll soon see.

 

Back to homepage

Leave a comment

Leave a comment