• 14 hours Strong U.S. Dollar Weighs On Blue Chip Earnings
  • 17 hours How Millennials Are Reshaping Real Estate
  • 20 hours Is America's Love For Cars Fizzling?
  • 22 hours Increased Solar Demand Could Spark Silver Buying Spree
  • 2 days Amazon Calls It Quits On Alibaba’s Home Turf
  • 2 days Market Euphoria Weighs On Gold
  • 3 days Did Facebook Just Become ‘Uninvestable’?
  • 3 days Electric Vehicles Are Reshaping The Mining Industry
  • 4 days Buffett, Dimon Voice Support For Stock Buybacks
  • 4 days Newmont Goldcorp Now World's Top Miner After Sealing The Deal
  • 5 days Canopy Growth Eyes U.S. Pot Producer In $3.4B Takeover Deal
  • 5 days U.S. Slaps New Sanctions On Cuba To End ‘Glamorization Of Communism’
  • 5 days The Unstoppable Electric Bus Revolution
  • 5 days Pinterest, Zoom Launch Much Anticipated IPOs
  • 6 days Marijuana’s Bizarre Bottleneck Isn’t What You’d Expect
  • 6 days Climbing Stocks Weigh On Gold, But A Turnaround May Be Near
  • 6 days China's Economic Growth Exceeds Analyst Expectations
  • 6 days Gold Prices Fall On Record Global Production Estimates
  • 7 days Can Meditation Make A Business More Profitable?
  • 7 days America’s Biggest And Most Profitable Actually Got Tax Rebates
Tesla Struggles To Compete In European Market

Tesla Struggles To Compete In European Market

Tesla continues to catch the…

Strong U.S. Dollar Weighs On Blue Chip Earnings

Strong U.S. Dollar Weighs On Blue Chip Earnings

Earnings season is well underway,…

How Millennials Are Reshaping Real Estate

How Millennials Are Reshaping Real Estate

The real estate market is…

  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