Happy 3rd Anniversary S&P 500

Happy 3rd Anniversary S&P 500

An important anniversary occurred over the weekend, for the S&P 500   The S&P 500 hit an all-time high on 10/9/2007, three years later the 500 index remains over 20% lower! Is this bad or frustrating news? If investors are over-weighted towards a strategy that...
Bullish….Bearish… or Neither

Bullish….Bearish… or Neither

Am I Bullish, Bearish or Neither? Choice “C”…neither! I am of the opinion, being Bullish or Bearish are emotional states of mind.¬† They are NOT STRATEGIES.¬† I believe that we should¬†invest in each asset on its own individual merits/patterns, not...
Green Shoots(update)… Pocket 19% Gain!

Green Shoots(update)… Pocket 19% Gain!

On 7/12 I ask, “was a 20% decline in Freeport-McMoRan¬†(FCX) enough?¬† (see post) Breakouts of falling channels can be power, which can be seen in the green shoots update below. Would take gains right now in FCX (19% gain after the channel breakout), as FCX is...