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Archive for September, 2015

WALL STREET CRAPS STOCK MARKET STRATEGY – SEPTEMBER 27, 2015

September 27th, 2015 Comments off

craps front coverSTOCK MARKET STRATEGY FOR SEPTEMBER 27, 2015: The stock market is moving closer to another oversold condition as it aims to retest the August lows. Historically, early October is a time in the stock market cycle where bottoms commonly occur. But this time, that bottom may come a little earlier. Stay ready and willing to take new long positions on weakness in the coming two weeks.

Key underlying short-term market indicators show the following:

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THE BOTTOM LINE: The internal indicators are close to flashing oversold buy signals marking the end of this current correction. The next oversold condition near the retest of the previous lows may be an important intermediate buying opportunity. Sentiment is again starting to shift too far to the negative side. Anticipate a short sharp decline on obvious bad news to create the backdrop to the next signal to buy. Top non-leverage buying candidates based on liquidity, diversification, and performance include:  QQQ and DIA

WALL STREET CRAPS STOCK MARKET STRATEGY – SEPTEMBER 13, 2015

September 12th, 2015 Comments off

craps front coverSTOCK MARKET STRATEGY FOR SEPTEMBER 13, 2015: The stock market is moving closer to an overbought condition after the most recent panic to the downside. Strength on Monday or Tuesday could mark the top of this most recent move and start the decline to retest the August or last October lows. This is a time to lighten up into any strength and to keep your powder dry for an important buying opportunity soon.

Key underlying short-term market indicators show the following:

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THE BOTTOM LINE: The internal indicators are close to flashing sell signals marking the end of this current rally. The next oversold condition near the retest of the previous lows may be an important buying opportunity.