LT wave for July

Markets have been sputtering in recent months, but long term up trends stay intact. The Nasdaq has already climbed to new all time highs and is closing in on the 8000 mark. Here is the current chart: As long as the trend line is not broken it is too early to declare a top in… Continue reading LT wave for July

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The S&P 500 has broken out to new record highs, nicely in line with what we shared last week. But the Nasdaq index has not made it to new highs yet. Here is the current chart: The Earl and MoM indicators are clearly going up, with no signs of topping out yet. But the slower… Continue reading Show Time